Life is not chess, it's poker. You have to protect the money that's in your stack. Because the next chip you put in better be money good. But we all fall for this thing, the sunk cost fallacy. And when you're at a poker table, you just see it so clearly. So there's a really clear distinction.
In her new book, “Quit: The Power of Knowing When to Walk Away,” Annie Duke says mastering the art of quitting is the key to making smart decisions.
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