#31: The Psychology of Money
Vinh and Ali Show
I Have No Sunk Costs
Danny O'odhamman of the Danie Cannonman wrote a book about investing. He said one sentence that just blew his other co-author away: "I have no sunk costs" Sunk cost fallacy is where people think they've already invested too much, so why not finish it? It's something especially at the casino, bro.
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