The Sunk Cost Fallacy 😐

Subscribe for more content like this x

[jonahpoole]

Sad thing is you see this happen in relationships

[JRoseBooks]

It’s always hard to know whether to follow the “don’t give up. You’re one more move from success.” Or “time to move on to the next thing.” Until it happens you can’t know if you will “make it” or not!

[Aiibh]

"You know in your soul, when it's time to go"
~it's time to go

[allbusinessbasics]

I see this one grind people into the ground all the time: in business, in life, in relationships, everything. It’s a great reminder and opportunity to self assess if I’m falling prey to it right now! 😄 Thanks, Ali!

[oldmago]

Oml ...thank you for uploading this...this was literally eye opening...I took 2 drops to get into med school ...couldn't do it and now I'm doing paramedics...and now I realised that the second drop I took was because I had took the first one not cz I actually wanted...no one has ever told me this...

[ZELD]

Students often have this issue with their studies

[karlaxmikasa]

The hardest thing is letting go of it 😣

[kanikamaheshwari]

This holds true for all sorts of toxic and unwanted things in life😅

[kps]

This is fascinating and good for our knowledge....

[curiousthoughts]

As an entrepreneur, it's difficult for me to comprehend the concept of cost sunken fallacy. How about consistency, grit, and the enduring dedication displayed by highly successful individuals, even in the face of years of painful failures.

[FrzenPeanut]

But how do we know when to give up and when to keep trying?

[youdonotknowmepeasants]

Yeah I read this fallacy in the book
The Art of Thinking Clearly

[deras]

Can‘t agree with that.
I did my medical entrance exam 5x and i studied every year more and more to get into med school, because I believed in my faith.
It took me 5years to get into university but here I am rn.
5th year medical student because I dont give up for what I want.

[lithiumkwan]

Wait is he ... glowing??? I've never seen him being so dazzling and handsome, like brimming with vitality and all of his facial features just make sense ... 🥹🥹🥹

[Oceansta]

Same concept applies for romantic relationships too.

[muhammadshahwaleed]

But how do we know when it's time to change direction how do we know its not just another day week month or year we have to put into our dream to see result and actually get the compounding effect

[punduboys]

We can see this gambling. One thing I want to say only the Casino house can make money😢

[Jeremy]

Take what you learned and do something new

[gregmoore]

Seek the wisdom of the Lord daily will help with this! His wisdom will teach you in immediacy what’s worth investing into instead of your ROI dwelling in the negative

[ConsciousOriginals]

Some days I feel that way about my YouTube channel... 🤔