Annie Duke: When To Quit, Monkeys vs Pedestals & The Dark Side of Goals
Creator Lab - interviews with entrepreneurs and startup founders
The Sunk Cost Fallacy
The question should not be, well, you bought it in 50 at 50 and now dude, you're not going to get your money back. Because that money is already gone. And what we want to be careful about is using some of these things as a rationalization, which is just that we want to keep holding. But it's a perfect example of the sunk cost fallacy.
00:00
Transcript
Play full episode
Remember Everything You Learn from Podcasts
Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
