3196: The One Question Successful Investors Always Ask Themselves by Chris Reining on Optimizing Portfolios
Optimal Finance Daily - Financial Independence and Money Advice
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Overcoming the Sunk Cost Fallacy in Business Decisions
This chapter delves into the sunk cost fallacy and its impact on decision-making, highlighting the importance of assessing future benefits over past investments. Through personal anecdotes, the discussion emphasizes the need for adaptability when faced with challenges in planning and strategy.
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Transcript
