187: AMA, Money Psychology, Favorite Mental Models & Future AI Jobs
Not Investment Advice
The Skill of Quitting and Decision-Making Insights
This chapter delves into decision-making strategies, highlighting insights from Annie Duke on the critical skill of knowing when to quit. Through the lens of the California high-speed rail project, it discusses the dangers of the sunk cost fallacy and the necessity of recognizing when to abandon failing endeavors.
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