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Embracing Escalation of Commitment
Grit is the combination of passion and perseverance. Research shows that it can play an important role in motivating us to accomplish long-term goals. When it comes to rethinking, though, grit may have a dark side. Experiments show gritty people are more likely to overplay their hands in roulette. There is a fine line between heroic persistence and foolish stubbornness.