The Ultimate Blessing in Disguise

In 2015, I didn't account for sunk costs bias. So we plan a conference in 2014 that was a massive success. It was a complete flop in 2015. And you know what, that was the ultimate blessing in disguise because right after that COVID started. That's likely better to take that $2,000 loss than keep pouring more energy into it and take whatever it would have been a $10,000 loss plus even more people that you had to pull their pull the plug on.