Ep.207 Sunk Cost Fallacy: When to Walk Away From a Bad Investment

Sunk Cost Fallacy: Stop Letting the Past Steal Your Future Ever force yourself to finish a $2,000 course that isn’t helping—just because you paid for it? That’s the sunk cost fallacy in action. 🧠 It tricks you into thinking: “If I quit now, I’m wasting money.” But here’s the truth: the money is already gone.What matters now is what staying will cost you in: TimeEnergyOpportunity📉 Smart investors don’t chase losses. They cut them. Because progress isn’t about what you paid— It’s about...