9min chapter

The Seen and the Unseen - hosted by Amit Varma cover image

Ep. 47: Poker and Stock Markets

The Seen and the Unseen - hosted by Amit Varma

CHAPTER

The Sunk Cost Fallacy: How Past Investments Impact Decision-Making

This chapter explores the concept of sunk cost fallacy and its application in everyday life, poker, stock trading, and investing. The speakers provide examples and personal experiences to illustrate the importance of recognizing and avoiding the negative impacts of sunk cost fallacy.

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