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Jake & Ben Full Show from August 13, 2026 Hour 1 Circling back to Kalani Sitake's comments yesterday, his messaging was loud and clear. Top 3 Stories of the Day: Utah Jazz Full Schedule is Here, Jayden Daniels is Being Petty with LSU, NFL Preseason Begins Tonight. Kyler Murray should have stuck to baseball Hour 2 NBA Commissioner Adam Silver Has Had a Rough Offseason. What's Up With All These Weird Owners? "Sports Famous" is not the same as "Famous Famous" A Sunk Cost Hour 3 David Locke, the Radio Voice of the Utah Jazz, joined today to break down the 2026 Schedule Release. Puka Nacua reportedly cut himself running through a glass door at a celebrity party. Audio Vault: Scotty G Gets After Ajay Hour 4 If BYU Made Promises to Kalani Sitake, Why have those not been kept? Spurs Head Coach Mitch Johnson made an appearance on Hard Knocks. Did he just admit to tanking to Draft Wemby? Ben's Hot Takes aren't Hot Enough
Hour 2 of Jake & Ben on August 13, 2026 NBA Commissioner Adam Silver Has Had a Rough Offseason. What's Up With All These Weird Owners? "Sports Famous" is not the same as "Famous Famous" A Sunk Cost
Thanos says he “had to” sacrifice Gamora. Vader tells Luke it's too late to turn back. Professional poker player Paul Hoppe joins Matthew Fox to dig into the sunk cost fallacy, the bias that convinces us that because we've already paid a price, we have to keep paying it, and to test that idea against real poker hands as much as comic book ones.They trace “don't throw good money after bad” out of the casino and into relationships people stay in too long, then out further still, into the Pentagon Papers and a naval arms race that helped start World War One. Running through most of it is the same reason people won't budge: the fear of hearing “I told you so.” Is staying the course ever actually the right call? Paul and Matthew push back on their own thesis before they're done.Full show notes and resourcesGet Paul's book, “Friday Night Is My Monday Morning, Volume One” (40% off with code SHE400): ZenMadman.com**************************************************************************This episode is a production of Superhero Ethics, an Ethical Panda podcast and part of the TruStory FM Entertainment Podcast Network. Check out our website to find out more about this show and our sister podcast Star Wars Generations.We want to hear from you! Keep up with our latest news and send us feedback, questions, or comments via social media or email.TikTok · Twitter/X · Instagram · Facebook · EmailJoin the conversation in the Star Wars Generations and Superhero Ethics channels on the TruStory FM Discord.Want even more content while supporting the podcast? Become a member! For $5 a month or $55 a year you get access to bonus episodes and bonus content at the end of most episodes — and you can even give membership as a gift. Sign up here.You can also support us through our sponsors:Purchase a lightsaber from Level Up Sabers, run by friend of the podcast Neighborhood Master Alan.Use Audible for audiobooks. Sign up for a one-year membership or gift one through this link.Purchase any media discussed this week through our sponsored links.
Iran's nuclear program is now more than seven decades old, stretching from the Shah's ambitious Atoms for Peace-era plans to the Islamic Republic's pursuit of enrichment, missile capability and nuclear latency. Iran historian Farzan Sabet joins Decouple to explain how energy development, techno-nationalism, the trauma of the Iran–Iraq War and a persistent sense of strategic isolation transformed a civilian nuclear project into an increasingly important national-security instrument.We trace the program through the Shah's plans for 23,000MW of commercial nuclear power, the revolution, the AQ Khan network, the AMAD weapons effort, the JCPOA and the collapse of Iran's traditional deterrence architecture. Farzan also examines the extraordinary price Iran has paid: sanctions-related economic damage measured in the hundreds of billions of dollars and, by one estimate, comparable to the economic cost of the Iran–Iraq War, yet with neither substantial nuclear power generation nor a nuclear deterrent to show for it.Listen to Decouple on:• Spotify: https://open.spotify.com/show/6PNr3ml8nEQotWWavE9kQz• Apple Podcasts: https://podcasts.apple.com/us/podcast/decouple/id1516526694?uo=4• Overcast: https://overcast.fm/itunes1516526694/decouple• Pocket Casts: https://pca.st/ehbfrn44• RSS: https://anchor.fm/s/23775178/podcast/rssWebsite: https://www.decouple.media
When you've made a substantial investment that goes badly, it's not uncommon to see people stubbornly ride it out, or even double down in hopes of recovering their loses. Donna and Nathan discuss how cognitive biases like the sunk cost fallacy can lead to compounding losses, and how investors can avoid becoming their own worst enemy. Also on MoneyTalk, 401k mistakes to avoid, and Stock Trivia: Battle of the Sowas. Hosts: Donna Sowa Allard, CFP®, AIF® & Nathan Beauvais, CFP®, CIMA®, CPWA®; Air Date: 7/30/2026; Original Air Dates: 3/28/2023 & 8/5/2025. Have a question for the hosts? Leave a message on the MoneyTalk Hotline at (401) 587-SOWA and have your voice heard live on the air!See omnystudio.com/listener for privacy information.
Why is it so hard to walk away from something once you've put time into it — even when you already know it's not right? This week we're getting into the sunk cost fallacy, the concept that explains why staying can feel safer than leaving, even when staying is the actual cost. Inspired by a section in Amanda Montell's The Age of Magical Overthinking, we're talking about where this thinking comes from, how it shows up in dating whether you're single right now or looking back, and why the time you've already spent is the worst possible reason to spend more of it.Stay connected here Connect with me on Instagram Please email me here: Lauren@ohyeahcoaching.comApply for coaching HEREWould You Date You? FREE guide
Il roule vers la Vendée un soir de Noël, coincé sur l'A10. Un TGV le double. Il sait qu'il est complet, il a essayé d'y acheter une place. Autour de lui, des centaines de voitures avec un seul passager à bord.Frédéric Mazzella est le fondateur et président de BlaBlaCar. Normalien, physicien, passé par Stanford et la NASA, il a créé la première licorne française et l'a transformée en la plus grande communauté de voyageurs au monde : 100 millions de membres, 29 millions de membres actifs par an, et désormais 41 pays depuis l'expansion annoncée en juin 2026. Avant cela, il y a eu sept ans sans salaire, six modèles économiques testés dont cinq qui échouent, et six banques qui refusent de lui ouvrir un compte. L'une d'elles le raccompagne à la porte avec une tape sur l'épaule : « Merci monsieur, mais Internet, on a déjà donné. » Il est aujourd'hui cofondateur et président de Dift, qui redirige les budgets des entreprises vers le monde associatif, et coprésident de France Digitale.Ce qui m'a le plus frappé, c'est la constance de sa boussole. Il m'a dit que le rôle de l'entrepreneur est d'améliorer la société, et chez lui ce n'est pas une déclaration d'intention, c'est un bilan chiffré : BlaBlaCar évite aujourd'hui 2,5 millions de tonnes de CO2 par an, soit environ 0,5 % des émissions d'un pays comme la France, deux fois le trafic routier de Paris. Puis il a recommencé ailleurs, avec Dift, sur le financement du monde associatif. Et quand je lui demande par quoi commencer, il inverse l'ordre qu'on nous enseigne : l'impact social et environnemental d'abord, le modèle économique ensuite. Parce que des modèles, dit-il, il en existe des dizaines et des dizaines.Dans cette conversation, nous explorons :→ Pourquoi il faut se focaliser sur l'impact social et environnemental positif d'abord, et ne chercher le modèle économique qu'ensuite→ BlaBlaCar par les chiffres du climat : 2,5 millions de tonnes de CO2 évitées par an, et l'idée toute simple derrière, mieux vaut deux passagers par voiture que deux voitures par passager→ Le modèle D.R.E.A.M.S. et l'étude *Entering the Trust Age* menée avec Arun Sundararajan (NYU Stern) auprès de 18 289 membres dans 11 pays : un membre BlaBlaCar au profil complet obtient 88 % de confiance, contre 58 % pour un collègue et 42 % pour un voisin→ Pourquoi l'entrepreneuriat n'a pas d'ascenseurs, seulement des escaliers, et pourquoi seules les structures qui ont assimilé le sunk cost progressent vraiment→ Ce que la musique lui a appris : la différence entre jouer du Chopin et jouer son propre morceau, et pourquoi un fondateur n'arrive pas à tuer sa propre idée→ Le jour où la directrice de Normale Sup a accueilli sa promotion par « vous savez remplir un QCM », et pourquoi tout a basculé→ Dift, l'éco-anxiété et le financement du monde associatif : écoper, ou boucher le trou, avec neuf modèles économiques déjà testés en trois ans→ Des principes plutôt que des process : fail, learn, succeed, et pourquoi une culture qui ne blâme pas l'échec libère l'action« Il faut se focaliser sur l'impact social et environnemental positif initialement, et puis ensuite on trouvera le modèle ou l'équilibre économique. »Frédéric Mazzella, fondateur et président de BlaBlaCarSi vous portez un projet dont la mission vous tient debout mais dont le modèle économique n'existe pas encore, cet épisode vous dira dans quel ordre construire.
"I've already given so much. Why can't I leave now?"You know it's not working. You know you're unhappy. You know you're shrinking,settling, waiting, justifying, hoping. And yet you stay — not because it'shealthy or mutual or fulfilling, but because you've already poured too muchin to walk away. That's the sunk cost relationship, and it's where The FantasyLoop™ does its quietest damage.In Episode 320 of Secret Life Podcast, Brianne Davis breaks down the sunk costrelationship — why intelligent, self-aware people stay in relationships thatare depleting them, and how to tell the difference between loving someone anddefending an investment.In this episode:— Why the brain would rather stay in something painful than face the grief of leaving — and why walking away feels like a death— How hope becomes a drug: the intermittent reward that keeps your nervous system attached to potential instead of reality (Stage 4 of The Fantasy Loop™)— Why you need your pain to mean something — and how that need traps you— The 8 characteristics of a sunk cost relationship, including the one most people miss: your body knows the truth long before your mind will admit it— The question that cuts through everything: "If I met this person exactly as they are today, would I choose this relationship?"Your years are not wasted. They taught you something. But they will keepcosting you if you use them as a reason to abandon yourself.Resources at secretlifepodcast.comTake the Fantasy Loop Quiz: quiz.thefantasyloop.comShare your secret: secretlifepodcast@icloud.comAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy
Marino joins the podcast to discuss decision-making psychology for MSPs, emphasising that B2B buying differs from B2C because decisions require justification to others and are shaped by different goals. He describes common friction caused by misalignment between what MSPs pitch as "gains" and what business owners perceive as "losses," highlighting loss aversion, status quo bias, and sunk cost effects (including attachment to existing tools and the implied threat of admitting past mistakes). Using a probability-and-reward example, he explains biases in cognitive decision-making and how statistics can be misread without context. The conversation covers how asking too many questions increases cognitive load, why multi-quote requests often signal weak differentiation of the MSP (not just price), and why prescriptive sales scripts can feel inauthentic; trust, fit, and practice through more conversations are stressed. Marino recommends Kahneman's "Thinking, Fast and Slow" and Phil Agnew's "Nudge" 00:00 Welcome and Topic Setup 01:13 B2B vs B2C Decisions 02:26 Client Utility and Friction 06:11 Cognitive Biases Explained 10:39 Loss Aversion and Framing 14:26 Status Quo and Sunk Costs 17:47 Winning Quotes and Differentiation 20:31 Qualification and Buyer Psychology 23:38 Cognitive Load in Sales 25:44 Authenticity and Bounded Rationality 29:21 Resources and Closing Connect with Marino Vigliotti on LinkedIn by clicking here – https://www.linkedin.com/in/marinovigliotti/ Connect with Daniel Welling on LinkedIn by clicking here – https://www.linkedin.com/in/danielwelling/ Connect with Adam Morris on LinkedIn by clicking here – https://www.linkedin.com/in/adamcmorris/ Visit The MSP Finance Team website, simply click here –https://www.mspfinanceteam.com/ MSP Glossary: MSP Finance Glossary Explained | MSP Finance Team We look forward to catching up with you on the next one. Stay tuned!
Not every investment deserves more money. Sometimes the smartest move is cutting the loss before it cuts you deeper. In this episode of The Level Up Podcast, Paul Alex breaks down the sunk cost fallacy and why founders need the discipline to stop funding strategies that are clearly failing. Let's be real… If the campaign is not working… If the product is not selling… If the data is telling you the market does not want it… But you keep spending just because you already invested time and money… You are not being committed. You are bleeding cash. In this episode, you'll learn: Why the market does not care how much you already spent How ego keeps founders attached to failing ideas Why reading the data is more important than defending the original plan How fast pivots protect your runway, margins, and momentum The truth is simple: You cannot recover yesterday's loss by doubling down on a broken strategy today. The money is already gone. The time is already spent. The mistake already happened. Now the only question is whether you keep bleeding or make the cut. High-level operators do not go down with a sinking ship. They read the numbers. They admit what is not working. They sever the cord. They redirect the capital. They move fast. Because quitting a bad strategy is not weakness. It is leadership. Cut the losses. Protect the runway. Pivot with discipline. And keep leveling up. Your Network is your NETWORTH! Make sure to add me on all SOCIAL MEDIA PLATFORMS: Instagram: https://jo.my/paulalex2024Facebook: https://jo.my/fbpaulalex2024YouTube: https://www.youtube.com/channel/UCGhDAD1JyGGzSQUPD9lc9HQLinkedIn: https://jo.my/inpaulalex2024 Looking for a secondary source of income or want to become an entrepreneur? Check out one of my companies below to see if we can help you: www.CashSwipe.com FREE Copy of my book “Blue to Digital Gold - The New American Dream”www.officialPaulAlex.com Learn more about your ad choices. Visit megaphone.fm/adchoices
(re-release) If you're struggling to know whether or not you're falling victim to the sunken cost fallacy in your current relationships, there are some reflective questions you can ask to check in and ensure you're not settling. Do you feel like you need to stay in your relationships?Or do you feel like you want to stay in your relationships?Do you resent the amount of time or energy you've put in? Or do you focus more on the amount you've grown and changed together through that energy?If you find yourself focusing more on the things you've lost in your relationships (which are things you can never recover) rather than the things you have gained? (which is growth you can never lose) than you may be staying out of obligation rather than desire - which is a surefire way to build resentment and toxicity in your relationships, if you haven't already. Realize that past investment is exactly that. Your time and your energy and your efforts cannot be recovered - no matter what happens next.Ask yourself, if you were starting over today, would you choose this person again? I do that regularly when I clean out my closet and decide what clothing gets to stay - as well as with my relationships and friendships to really ensure that I am continuously choosing people who are best for me and where I would like to go. Then imagine what the future will likely look like if things remain as they are right now, with your person. What do you feel about that? Would anything NEED to change on your end or on their end to make a happy union more likely?Think about a time when you have left a relationship in the past. Is that a relationship you wish you had back? Probably not. Making the decision to leave is often the hardest part. But cutting your losses now will be easier than cutting even higher and broader losses in the future. Read Julie's Medium Blog.Support JULIE (and the show!)Support + get some bonus stuff over on PATREON.Get an occasional personal email from me: www.makeyourdamnbedpodcast.comTune in on INSTAGRAM AND YOUTUBE or TIKTOK.Info on War Tax Resistance.Donate to the Palestinian Children's Relief Fund and the Sudan Relief FundThe opinions expressed by Julie Merica and Make Your Damn Bed Podcast are intended for entertainment purposes only. Make Your Damn Bed podcast is not intended or implied to be a substitute for professional medical advice, diagnosis or treatment. Support this show http://supporter.acast.com/make-your-damn-bed. Hosted on Acast. See acast.com/privacy for more information.
(rerelease) People seem to think because they have invested months or years of time into a person that they shouldn't give up on the potential for them to change, when their current reality is miserable and undeniably better if they cut ties. I have heard countless friends justify staying too long bad relationships with “but we've been together for so long” or “I've put so many years into this,” or and “we've worked so hard at it,” or “We just have so much history” The key to not falling victim to the sunk cost fallacy is by being real with yourself about the reality of your current state and remember that ALL sunken costs cannot be recovered. Forget the past instead of dwelling on what used to be or how hard you worked, instead get real about the current costs and current benefits - and if the current costs aren't outweighing the current benefits or looking like they're going to realistically change in the foreseeable future, you gotta cut your losses. Remember as humans, we have a tendency to fear losses more than we expect gains - so we must keep that in mind when we find ourselves clinging to things that we're far better off without. Read Julie's Medium Blog.Support JULIE (and the show!)Support + get some bonus stuff over on PATREON.Get an occasional personal email from me: www.makeyourdamnbedpodcast.comTune in on INSTAGRAM AND YOUTUBE or TIKTOK.Info on War Tax Resistance.Donate to the Palestinian Children's Relief Fund and the Sudan Relief FundThe opinions expressed by Julie Merica and Make Your Damn Bed Podcast are intended for entertainment purposes only. Make Your Damn Bed podcast is not intended or implied to be a substitute for professional medical advice, diagnosis or treatment. Support this show http://supporter.acast.com/make-your-damn-bed. Hosted on Acast. See acast.com/privacy for more information.
When margins tighten, farm management decisions become even more important. Yet some of the toughest decisions producers face aren't driven by markets, weather, or policy—they're shaped by human behaviour. On this episode of the Mind Your Farm Business podcast, host Shaun Haney speaks with Ben Brown, agricultural economist at the University of Missouri, about the... Read More
Gregg Rosenthal of NFL Network joins Afternoon Drive on the Fan. He talks about why he likes the Myles Garrett trade for the Browns, how Jared Verse will perform with less talent around him on defense, Andrew Berry's perception after making this move, and more.
Are you questioning more than ever… while friends and family around you seem to question nothing at all?In this week's coffee chat with Brice from @EsotericAtlanta we dive into why so many people appear unable or unwilling to react to things that should concern them — from the rollout of live facial recognition and surveillance technology, to animal vaccination programmes, food supply pressure, digital control, and the deeper conditioning that keeps people passive. Not to mention fuel and food shortages. We also touch on the recent UK court decision allowing the Metropolitan Police's live facial recognition policy to continue after a human rights challenge, and France drafting in the army to support mass cattle vaccination during a lumpy skin disease outbreak. Both stories raise important questions about how quickly large-scale systems can become normalised. This conversation is not about panic. It is about discernment, sovereignty, health, community, and asking better questions before the world changes around us and everyone simply adapts.WATCH PLANET MIND CONTROL: https://www.planetmindcontrol.com/————————————————Work with CatherineIf you'd like deeper support for yourself or the animals in your care, explore Catherine's consultations and courses here:
Is sunk cost bias holding you back? Are you keeping an underperforming product, service, or employee just because you've already invested time or money? In this episode I challenge you to think about whether old investments are preventing you from making smarter decisions for your business—especially when starting fresh could actually move you forward.Listen to this new 7-minute episode for eye-opening examples and practical ways to recognize (and move past) the sunk cost bias in your business decisions.If you have any questions about anything in this, or any of my podcasts, or have a suggestion for a topic or guest, please reach out directly to me at Alan@WeddingBusinessSolutions.com or visit my website Podcast.AlanBerg.com Please be sure to subscribe to this podcast and leave a review (thanks, it really does make a difference). If you want to get notifications of new episodes and upcoming workshops and webinars, you can sign up at www.ConnectWithAlanBerg.com View the full transcript on Alan's site: https://alanberg.com/blog/AI For The Real World - A Practical Guide to AI for Wedding & Event Pros is your easy way to learn how to harness the power of AI, no matter which AI tools you use. Get Yours Today at www.ShopAlanBerg.com I'm Alan Berg. Thanks for listening. If you have any questions about this or if you'd like to suggest other topics for "The Wedding Business Solutions Podcast" please let me know. My email is Alan@WeddingBusinessSolutions.com. Look forward to seeing you on the next episode. Thanks. Listen to this and all episodes on Apple Podcast, YouTube or your favorite app/site: Apple Podcast: http://bit.ly/weddingbusinesssolutions YouTube: www.WeddingBusinessSolutionsPodcast.tv Spotify: https://spoti.fi/3sGsuB8 Stitcher: http://bit.ly/wbsstitcher Google Podcast: http://bit.ly/wbsgoogle iHeart Radio: https://ihr.fm/31C9Mic Pandora: http://bit.ly/wbspandora ©2025 Wedding Business Solutions LLC & AlanBerg.com
Send us Fan MailIf you are a mid-career professional who feels stuck, burned out, or questioning whether your career still fits, this episode will help you rethink what forward progress actually looks like. I sit down with executive leadership coach and psychologist Lisa Kaplin to explore what it takes to walk away from a path you invested years of time, money, and identity into and still trust yourself to build something better.We talk about the reality many professionals face in their late 30s, 40s, and 50s. You did everything right. You earned the degree, built the resume, and climbed the ladder. Yet something feels off. This is not failure. It is often the beginning of real career clarity.Lisa shares her own mid-career pivot from clinical psychology to coaching, including the emotional and financial weight of leaving behind advanced degrees and managing student debt. We unpack how to move beyond sunk cost thinking so you can make decisions based on where you want to go, not where you have already been.If you are navigating a difficult job market, dealing with a challenging manager, or feeling like you are just trying to get through each day until retirement, this conversation will challenge how you think about your next move. You will learn how to shift from stress-based decision-making to a more grounded and intentional approach that helps you lead and SHOW UP more effectively.This episode is designed for mid-career professionals who want more clarity, more impact, and a career that actually aligns with who they are today.What You Will Learn in This Episode How to recognize when your career no longer fits and what to do next Why ignoring sunk costs is a strategic decision, not just a mindset shift The difference between therapy and coaching and how each supports growth Why “have to” thinking keeps you stuck and how to reframe it into choice How to make career decisions from a place of clarity rather than stress Practical ways to create forward momentum even in a difficult job market How to navigate current workplace realities, including overworking and AI integration Connect with Lisa KaplinWebsite | LinkedIn Support the showIf this episode resonated with you and you want more support in how you SHOW UP for your career and life, I want to invite you to join the SHOW UP Leadership Lab. This is my group membership program where you'll get the clarity and support you need to SHOW UP more impactfully and effectively in your life and career. Visit https://johnneral.com/showup to join. Please leave a rating and review on Apple Podcasts here.Connect with John on LinkedIn here.Get John's New Mid-Career Journal on Amazon here. Follow John on Instagram @johnneralcoaching. Subscribe to John's YouTube Channel here.
Why do we keep working on something long past the point where we should have stopped? Join Construx's Earl Beede, Steve Tockey and Mark Griffin as they Inspect & Adapt the various ways we trick ourselves into thinking, “Well, we already spent this much time or money; we can't afford to lose that!” Find out how much the sunk cost fallacy is costing you.
Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 3975: Jay Harrington explores how clinging to past investments, time, effort, or identity, can quietly trap us in unfulfilling paths, even when change is clearly needed. By exposing the sunk cost fallacy and the biases that reinforce it, he reframes letting go as a rational and empowering decision. Listening further reveals how releasing the past can unlock better alignment with what truly matters now. Read along with the original article(s) here: https://www.lifeandwhim.com/first-moments-blog/say-farewell-to-sunk-costs Quotes to ponder: "The more energy or resources we devote to something, the harder it is to abandon it." "The most important thing to do if you find yourself in a hole is to stop digging." "Everything you own, all the clothing in your closet, your academic achievements and beyond is simply a gift. It is a gift that your past self is giving to your present self, and it's up to you to decide whether you want that gift today." Learn more about your ad choices. Visit megaphone.fm/adchoices
Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 3975: Jay Harrington explores how clinging to past investments, time, effort, or identity, can quietly trap us in unfulfilling paths, even when change is clearly needed. By exposing the sunk cost fallacy and the biases that reinforce it, he reframes letting go as a rational and empowering decision. Listening further reveals how releasing the past can unlock better alignment with what truly matters now. Read along with the original article(s) here: https://www.lifeandwhim.com/first-moments-blog/say-farewell-to-sunk-costs Quotes to ponder: "The more energy or resources we devote to something, the harder it is to abandon it." "The most important thing to do if you find yourself in a hole is to stop digging." "Everything you own, all the clothing in your closet, your academic achievements and beyond is simply a gift. It is a gift that your past self is giving to your present self, and it's up to you to decide whether you want that gift today." Learn more about your ad choices. Visit megaphone.fm/adchoices
Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 3975: Jay Harrington explores how clinging to past investments, time, effort, or identity, can quietly trap us in unfulfilling paths, even when change is clearly needed. By exposing the sunk cost fallacy and the biases that reinforce it, he reframes letting go as a rational and empowering decision. Listening further reveals how releasing the past can unlock better alignment with what truly matters now. Read along with the original article(s) here: https://www.lifeandwhim.com/first-moments-blog/say-farewell-to-sunk-costs Quotes to ponder: "The more energy or resources we devote to something, the harder it is to abandon it." "The most important thing to do if you find yourself in a hole is to stop digging." "Everything you own, all the clothing in your closet, your academic achievements and beyond is simply a gift. It is a gift that your past self is giving to your present self, and it's up to you to decide whether you want that gift today." Learn more about your ad choices. Visit megaphone.fm/adchoices
Welcome to Status Check! 2 Best Friends talk about life and gaming, this episode revolves around the ball and gun players and their insistence that games are dead as well as games that need a clear mission statement.Back of The Rack is a podcast about games lost in the Bargain bins. The games you didn't know existed, or the games you don't want to remember. Catch us every episode right here for more.Watch the video version of this cast with gameplay footage and extended discussion at:https://youtu.be/GtOtiZhG7qAJoin the Back of the Rack Discord!https://discord.gg/ZzPmVY2a9KWanna catch us on the go? Listen to us on Apple Podcast, Spotify, and Pretty Much Every Podcast Streaming site.---------------------------Bendezzertwitter: https://twitter.com/bendezzeryoutube:https://www.youtube.com/channel/UCuPQmPGW_kP4CozArTh974wSonditwitter: https://twitter.com/sondiameyoutube: https://www.youtube.com/sondi
Upgrade to the Ad Free Premium Podcast Experience - https://rachelhollis.supercast.com Get your copy of Rachel's Book Here: Audible, Amazon, Barnes & Noble, Books-A-Millon, Bookshop.org, or wherever books are sold! Is there something in your life you already know isn't working—but you keep trying to make it work anyway? In this episode, Rachel dives into the psychology behind why we stay stuck in relationships, careers, and situations long after we know they're wrong. It's called the sunk cost fallacy, the belief that we should keep investing in something simply because of how much we've already put into it. If you've ever struggled to walk away from something that no longer serves you, this honest, tough-love conversation will help you rethink what it really means to let go and why your future might depend on it. To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
A client spent $10K building a webinar funnel. I told her to validate the offer first—a $1K test before spending more. She couldn't. She'd already invested too much. She spent her entire savings. $25K total. Zero sales. Bankrupted the business. The leads probably would have converted eventually. She just ran out of runway before that could happen. This is the sunk cost trap. The investment becomes the reason to keep going—instead of the results. Your homework: Is there something you're holding onto because of what you've already invested—not because it's working? Ask: If I had spent $0 on this, would I start it today? Want the funnel alignment training? DM me on Instagram, mention this episode, and I'll send it free. Need someone to tell you the truth before you spend? That's Momentum. $200/month. Link is here. Leave a 5-star review if this saved you from becoming the cautionary tale.
In part three of the $5K Blitz series, I'm breaking down why it's so hard to let go of an offer that isn't selling - even when you know it's not working. The answer lies in something called the sunk cost fallacy, a psychological pattern that makes us keep investing in things simply because we've already invested so much. In this episode, I explain how this shows up in service businesses, why it keeps people stuck below $5K months, and how letting go can actually open the door to the revenue you've been chasing. What You'll Learn in This Episode: What the sunk cost fallacy is and why it affects business decisions Why holding onto an offer can become an identity trap The hidden opportunity cost of continuing to push an offer that isn't selling Why data - not emotion - should guide your offer decisions How letting go of a struggling offer can unlock real revenue opportunities Links & Resources: Join the 5K Blitz VIP Waitlist: https://courtneychaal.kit.com/5k-blitz Yay for Business Shop: https://courtneychaal.com/shop Instagram: https://www.instagram.com/courtneychaal
Ron Johnson was one of the most successful retail executives in America. He'd made Target hip. He'd built the Apple Store from nothing into a retail phenomenon. So when J.C. Penney hired him as CEO in 2011, expectations were sky-high. Johnson moved fast. He killed the coupons. Eliminated the sales events. Redesigned the stores. When his team suggested testing the new pricing strategy in a few locations first, Johnson said five words that explain everything that happened next: "We didn't test at Apple." Within seventeen months, sales dropped twenty-five percent. He was fired. And here's the part nobody talks about: Johnson had access to all the data. Every week, the numbers told the same story. Customers were leaving. Revenue was collapsing. The board was getting nervous. He could see it all. He just couldn't act on it. Because changing course would mean he wasn't the visionary who reinvented retail. He wasn't making a business decision anymore. He was protecting who he believed he was. That's the identity trap. And it doesn't just happen to CEOs. What if changing your mind didn't have to feel like losing yourself? Let's get into it. Why Identity Bias Looks Like Your Best Qualities The trap doesn't target bad thinkers. It targets good ones. Think about the entrepreneur who poured three years and her life savings into a startup. The data says it's failing. The metrics are clear. Her advisors are suggesting it's time to pivot or shut down. She has every analytical tool to evaluate this accurately. And she can't do it. She's plenty smart. The problem is that admitting failure would mean she's "a quitter." And she is not a quitter. That's not who she is. Johnson wasn't stupid either. He was brilliant. His identity as the retail visionary just happened to make him blind to the one thing that could save his company: the possibility that what worked at Apple wouldn't work at Penney's. He experienced his blindness as conviction. As leadership. And that's the disguise. Every other thinking error in this series, uncertainty, depletion, time pressure, social pressure, you can feel those happening. You know when you're tired. You know when you're rushed. But identity fusion is invisible from the inside. It disguises itself as your best qualities. The entrepreneur calls it perseverance. Johnson called it vision. The investor who won't sell a losing position? He calls it discipline. Your ego doesn't announce that it's taking over. It puts on a costume that looks exactly like your strengths. And your brain? Your brain is in on it. Why Changing Your Mind Feels Like a Threat When a belief becomes part of your identity, your brain defends it as it would defend your body. Challenge that belief, and your brain responds the same way it would to a physical threat. Not metaphorically. The same neural circuits that protect you from danger activate to protect you from being wrong. That's why arguments about strategy or direction can generate so much heat and so little light. You're not debating a position anymore. You're defending territory. And sometimes you defend it long past the point where the evidence says stop. A project you've poured months into. A strategy you championed. A hire you fought for. The data says cut your losses, but you keep going because walking away would mean all that time, all that effort, all that money was wasted. That's the sunk cost fallacy. And most people think it's about the money or the time. But it's not. Sunk cost is about identity. Think about that manager who spent eighteen months building a new system. The team knows it's not working. She knows it's not working. But scrapping it doesn't just waste eighteen months of budget. It means her judgment failed. It means she led her team down the wrong road for a year and a half. "I've invested too much to quit" sounds like a financial calculation. It's not. It's an identity statement. What she's really saying is: "If I quit, I'm the kind of person who wastes eighteen months of people's lives." The sunk cost isn't financial. It's existential. And suddenly you can see that every time you've held on too long, stayed in something past its expiration date, defended something you knew wasn't working, the force holding you there wasn't logic. It was your self-image refusing to absorb the hit. So how do you loosen the grip once you realize it's there? Three Warning Signs Your Ego Has Taken the Wheel Here's what to watch for. 1. Emotional Intensity That Doesn't Match the Stakes Someone suggests a different approach to a process you built. Not a criticism. Just an alternative. And you feel a flash of heat in your chest. Defensiveness. Maybe irritation. The reaction is way out of proportion to the suggestion. Pay attention to that gap. The intensity isn't about the process. It's about what being wrong would say about you. 2. How You Argue When someone pushes back on your position, watch what happens. If you find yourself attacking the person instead of engaging their argument, that's identity talking. "You don't understand our industry." "You haven't been doing this as long as I have." The moment you shift from "here's why the evidence supports my position" to "here's why you're not qualified to question it," you've stopped defending a conclusion and started defending yourself. The tell is subtle: you'll feel righteous, not curious. 3. The Evidence Filter When you're evaluating something objectively, new information can move you in either direction. But when identity is involved, watch what happens. You accept supporting evidence quickly, uncritically, almost with relief. Contradicting evidence? You tear it apart. You find flaws in the methodology. You question the source. You say, "That's just one study." When you're applying completely different standards depending on which direction the evidence points, that's not critical thinking. That's identity protection wearing a lab coat. How To Loosen the Grip So what do you do once you recognize the grip? Early in my career, I championed a technology direction that I was convinced was right. The evidence started coming back that it wasn't working. And I was doing exactly what I just described. Scrutinizing the bad data, embracing the good data, and getting irritated when people questioned me. It wasn't until a colleague looked at me and said, "You're not evaluating this anymore. You're defending it," that I realized my identity had completely hijacked my judgment. What helped was a shift in language that sounds simple but changes everything. Stop holding beliefs as part of your identity. Start holding them as a working thesis. The Reframe Listen to the difference between these two statements. First: "I believe this company will succeed." Second: "My working thesis is that this company will succeed." The first version fuses the belief to you. If the company fails, you were wrong. You made a bad bet. The second version builds in the expectation that your thinking will evolve. New data doesn't make you wrong. It makes you better informed. The Proof That colleague I mentioned? After that conversation, I started framing every strong opinion as a working thesis in my own head. Not out loud at first. Just internally. And the effect was immediate. I stopped feeling attacked when contradicting data came in. I started treating it as an update instead of a threat. The position I was defending? I reversed it completely. And the thing I was most afraid of — looking like I'd wasted everyone's time — never happened. The team was relieved. The Practice Next time you find yourself defending a position with more heat than it deserves, pause and restate it starting with "My working thesis is..." Then ask yourself: "What would I need to see to change this?" If you can't answer that question, if there's literally no evidence that could change your mind, that belief has become part of your identity. And your brain will protect it like one. The Door The goal isn't to be wishy-washy. Commit fully to your working thesis. Act on it with confidence. The difference is that you've built a door in the wall, and you've given yourself permission to walk through it if the evidence changes. That door is the difference between updating when you're wrong and doubling down until it costs you. Why Identity Is the Amplifier The identity trap doesn't operate alone. It recruits every other force we've covered in Part Two of this series. Facing uncertainty? Identity says, "You're not the kind of person who hesitates." Someone manufactures a deadline to pressure you? "Leaders are decisive. Act now." The whole room disagrees with your position? Identity whispers "I'm a team player" — or digs in with "I'm the one who sees what others miss." Identity is the amplifier. It takes every vulnerability from Episodes 10 through 13 and cranks up the volume. That's why we saved it for last. Everything else we've covered in Part Two? Necessary. But not sufficient. Because if you haven't dealt with your identity's grip on your beliefs, those skills have a backdoor that ego walks right through. And this is exactly what mindjacking exploits. I go much deeper into an article I wrote and in my dedicated mindjacking episode, links below. But the core mechanism is this: mindjacking doesn't just offer you convenient conclusions. It attaches those conclusions to who you are. "People like us think this." "Smart people choose this." Once a belief becomes a badge of identity, you'll convince yourself. No external persuasion required. From Seeing the Trap to Building the Escape Here's your challenge this week. Pick one belief you hold that you've never seriously questioned. Something professional. Your management philosophy. Your investment thesis. Your view on how your industry works. Something you'd describe as "just who I am." Now find the strongest argument against it. Not a straw man. The real, best case the other side would make. Sit with it. See if you can engage with it without your threat response kicking in. If you can? You've just proven that your thinking is bigger than your identity. And that is the most important skill in this entire series. If this episode shifted something for you, share it with someone who needs to hear it. And in the comments, tell me: what's a belief you held that you later realized was more about identity than evidence? I think we can all learn from each other on this one. Episode 15 is about designing your decision environment. Not tips. Systems. Structures that protect your thinking, so willpower becomes optional. Now you can see the trap. Next, we build the escape route. Make sure you subscribe so you don't miss it, and I'll see you in the next one. Endnotes — Episode 14 How To Quit Defending Decisions You Know Are Wrong "He'd made Target hip. He'd built the Apple Store from nothing into a retail phenomenon": Brad Tuttle, "The 5 Big Mistakes That Led to Ron Johnson's Ouster at JC Penney," TIME, April 9, 2013, https://business.time.com/2013/04/09/the-5-big-mistakes-that-led-to-ron-johnsons-ouster-at-jc-penney/. Johnson is credited with creating Target's "cheap chic" brand positioning in the early 2000s and subsequently designing and launching Apple's retail stores, which became the highest-grossing retail outlets per square foot in America. "We didn't test at Apple": Tuttle, "The 5 Big Mistakes" (cited in note 1). When Johnson's team proposed testing the new pricing strategy on a limited basis before rolling it out chain-wide, Johnson reportedly shot down the idea with this statement. The quote has been widely attributed in retail industry reporting. See also James Surowiecki, "Why Ron Johnson Is Struggling at J.C. Penney," The New Yorker (The Financial Page), March 25, 2013. The article is archived under The New Yorker's legacy URL format; for a summary of Surowiecki's argument, see Derek Thompson's coverage in The Atlantic and Quartz: https://qz.com/58487/jc-penneys-ceo-wasnt-the-one-who-killed-it. "Within seventeen months, sales dropped twenty-five percent. He was fired.": Multiple sources confirm these figures. Sales fell $4.3 billion in 2012 — a 25 percent decline — and same-store sales dropped 31.7 percent in Q4 2012, which analysts called "the worst quarter in all retail history." Johnson was terminated on April 8, 2013, seventeen months after taking over. See Tuttle, "The 5 Big Mistakes" (cited in note 1); Sean Williams, "This May Be the Worst Quarter in Retail History," The Motley Fool, February 28, 2013, https://www.fool.com/investing/general/2013/02/28/this-may-be-the-worst-quarter-in-retail-history.aspx; and the Ron Johnson entry at Wikiwand, which aggregates and cites the primary financial reporting, https://www.wikiwand.com/en/articles/Ron_Johnson_(businessman). "When a belief becomes part of your identity, your brain defends it as it would defend your body": Jonas T. Kaplan, Sarah I. Gimbel, and Sam Harris, "Neural Correlates of Maintaining One's Political Beliefs in the Face of Counterevidence," Scientific Reports 6, 39589 (December 23, 2016), https://www.nature.com/articles/srep39589. doi:10.1038/srep39589. Using fMRI on 40 participants with strong political beliefs, the researchers found that challenges to identity-linked beliefs activated the amygdala and insular cortex — brain structures involved in threat detection and emotional processing — while also engaging the Default Mode Network, associated with self-referential thinking. Participants who resisted changing their minds showed the strongest activity in these areas. Lead author Kaplan noted: "The amygdala in particular is known to be especially involved in perceiving threat and anxiety." A 2026 replication by an independent European team confirmed these findings. See Kossowska, M., Szwed, P., Czarnek, G. et al., "Neural Correlates of Belief Change in Political and Non-Political Domains Among Left-Wing Individuals Confronted with Counterarguments," Scientific Reports 16, 4895 (January 8, 2026), https://www.nature.com/articles/s41598-026-35397-6. doi:10.1038/s41598-026-35397-6. "That's the sunk cost fallacy": Hal R. Arkes and Catherine Blumer, "The Psychology of Sunk Cost," Organizational Behavior and Human Decision Processes 35, no. 1 (February 1985): 124–140. doi:10.1016/0749-5978(85)90049-4. Available via ScienceDirect: https://doi.org/10.1016/0749-5978(85)90049-4. Arkes and Blumer defined the sunk cost effect as "a greater tendency to continue an endeavor once an investment in money, effort, or time has been made" and demonstrated across multiple experiments that the effect is driven by the desire not to appear wasteful — a fundamentally identity-protective motive rather than a financial calculation. "Sunk cost is about identity": The connection between sunk cost escalation and self-concept draws on Barry M. Staw, "Knee-Deep in the Big Muddy: A Study of Escalating Commitment to a Chosen Course of Action," Organizational Behavior and Human Performance 16, no. 1 (1976): 27–44. doi:10.1016/0030-5073(76)90005-2. Available via ScienceDirect: https://doi.org/10.1016/0030-5073(76)90005-2. Staw's central finding was that individuals committed the greatest resources to failing investments when they were personally responsible for the initial decision — an "intra-individual process in which people tend to act in ways to protect their own self-image." This reframes sunk cost escalation as identity protection rather than mere financial irrationality. See also Hal R. Arkes and Catherine Blumer, "The Psychology of Sunk Cost" (cited in note 5), whose findings complement Staw's by emphasizing the role of waste-avoidance norms tied to self-presentation. "To consider an alternative view, you would have to consider an alternative version of yourself": Jonas T. Kaplan, quoted in Emily Gersema, "Hardwired: The Brain's Circuitry for Political Belief," USC Press Room, December 23, 2016, https://pressroom.usc.edu/hardwired-the-brains-circuitry-for-political-belief/. This quote from the lead author of the fMRI study (cited in note 4) captures the identity-belief fusion mechanism described throughout this episode. Kaplan added: "Political beliefs are like religious beliefs in the respect that both are part of who you are and important for the social circle to which you belong."
Rich is going to talk to you about the Sunk Cost Fallacy… the logical fallacy that compels you to continue to pour resources into something–even if it's not working–simply because of all the effort you've ALREADY put into it. There are 5 areas that you need to evaluate… and here's Rich to share them with you.
Today I sit down with my friend Anita Bartholomew, a magazine journalist and author, to discuss her new book Sacrificial Lambs: Liberal Reporter Exposes How the Progressive Left Harms Children in the Name of Gender Ideology. This is Anita's second appearance on the show, and this time she walks us through the findings of her thorough investigation into how gender ideology functions as a predatory movement targeting today's youth.We dig into the disturbing reality of what's being taught in K-12 public schools under the banner of "comprehensive sexuality education" — from second-grade anatomy lessons designed around queer theory to explicitly sexual library books being promoted to middle schoolers. Anita reads excerpts from books like "All Boys Aren't Blue," "Beyond Magenta," and "Gender Queer" that are sitting on school library shelves, and we explore how this curriculum systematically breaks down children's natural psychological boundaries.We also examine the mainstream media's role in propping up the gender ideology narrative, looking at how outlets like the New York Times dismissed the Cass Report and continue to misrepresent reality. I share my perspective as a psychotherapist on how premature exposure to sexual content can confuse children's developing sense of sexuality and identity. We discuss what parents can do to protect their kids, why pressuring media for accurate reporting may be the most powerful long-term strategy, and why Anita believes the evidence overwhelmingly shows that there is no such thing as a "trans kid." Follow her on X @AnitaBart.Anita Bartholomew's SubstackAnitabartholomew.com[00:00:00] Start[00:04:17] Why Anita Wrote Sacrificial Lambs[00:06:22] What K-12 Schools Are Teaching Children[00:12:15] Queer Theory Origins and Gayle Rubin[00:14:44] Pornographic Books in School Libraries[00:21:39] Academics Calling Children Sexual Beings[00:24:53] Psychological Harm of Premature Sexual Content[00:32:26] Comprehensive Sex Ed as Indoctrination[00:35:04] How Media Indoctrinated Adults First[00:37:46] NYT, Vox, and AP Headlines Exposed[00:44:33] Sunk Cost, Money, and Who Pulls the Strings[00:54:16] Advice for Parents in Captured Schools[00:59:15] A Letter Writing Campaign for Change[01:05:15] What Else Is in the Book[01:12:00] Families Torn Apart by Gender IdeologyROGD REPAIR Course + Community gives concerned parents instant access to over 120 lessons providing the psychological insights and communication tools you need to get through to your kid. Now featuring 24/7 personalized AI support implementing the tools with RepairBot! Use code SOMETHERAPIST2026 to take 50% off your first month.PODCOURSES: use code SOMETHERAPIST at LisaMustard.com/PodCoursesTALK TO ME: book a meeting.PRODUCTION: Looking for your own podcast producer? Visit PodsByNick.com and mention my podcast for 20% off your initial services.SUPPORT THE SHOW: subscribe, like, comment, & share or donate.Watch NO WAY BACK: The Reality of Gender-Affirming Care. Use code SOMETHERAPIST to take 20% off your order.MUSIC: Thanks to Joey Pecoraro for our song, “Half Awake,” used with gratitude & permission. ALL OTHER LINKS HERE. To support this show, please leave a rating & review on Apple, Spotify, or wherever you get your podcasts. Subscribe, like, comment & share via my YouTube channel. Or recommend this to a friend!Learn more about Do No Harm.Take $200 off your EightSleep Pod Pro Cover with code SOMETHERAPIST at EightSleep.com.Take 20% off all superfood beverages with code SOMETHERAPIST at Organifi.Check out my shop for book recommendations + wellness products.Show notes & transcript provided with the help of SwellAI.Special thanks to Joey Pecoraro for our theme song, “Half Awake,” used with gratitude and permission.Watch NO WAY BACK: The Reality of Gender-Affirming Care (our medical ethics documentary, formerly known as Affirmation Generation). Stream the film or purchase a DVD. Use code SOMETHERAPIST to take 20% off your order. Follow us on X @2022affirmation or Instagram at @affirmationgeneration.Have a question for me? Looking to go deeper and discuss these ideas with other listeners? Join my Locals community! Members get to ask questions I will respond to in exclusive, members-only livestreams, post questions for upcoming guests to answer, plus other perks TBD. ★ Support this podcast on Patreon ★
Ken and Anthony address the reports of Todd Monken liking Deshaun Watson and whether or not the Browns will still try to make it work with him because of his contract.
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T&A: Tens And Aces. An AP Blackjack podcast. Turning the tables from Las Vegas to Local Casinos
This Is the Video Version of episode 126. Enjoy!
T&A: Tens And Aces. An AP Blackjack podcast. Turning the tables from Las Vegas to Local Casinos
In this installment of our attempt at imaginary radio, something that we like to call The Tens and Aces Podcast, host Mike AP sits down with returning guest Chris and his playing partner “Bad Steve” for one of the most candid, technical, and brutally honest AP conversations ever recorded on Tens & Aces.Steve walks through his origin story — from growing up with nothing, to learning basic strategy in college, to joining early teams that paid him certainty‑equivalent hourly rates while he played underage. He explains how he built a bankroll, got backed off everywhere, attended a blackjack science seminar, learned EV and risk‑of‑ruin math from a legendary AP mentor, and eventually moved into advanced plays like hole‑carding, next‑card knowledge, and exploiting dealer procedures.The three dig into the psychology of casinos, why APs are a rounding error yet still hunted, and how ego, pride, and incompetence shape surveillance decisions. They share stories of disguises, misdirection, obscure deviations, misdeal opportunities, shuffle‑tracking, and the soft‑skills that separate elite APs from basic counters.Networking, trust, and the emotional toll of variance take center stage as Steve describes losing huge sums while still having a massive edge — and why most new APs underestimate the psychological cost. The crew breaks down bankroll swings, team dynamics, bad intel, and the importance of character when trusting someone with tens of thousands in chips.This episode closes with reflections on how AP thinking transfers to business, why some brilliant people choose crime over legitimate opportunity, and a reminder that more of this marathon interview is coming soon.In Part 1 of this multi‑episode interview, Mike AP sits down with professional advantage players Chris and “Bad Steve” to explore the real world of blackjack AP — from card counting and hole‑carding to shuffle‑tracking, misdeal exploitation, and advanced casino‑beating techniques.Topics include:• Steve's AP origin story and early team play• Building a bankroll and surviving backoffs• Hole‑carding, next‑card knowledge, and obscure deviations• Casino psychology, surveillance mistakes, and ego‑driven decisions• Networking, trust, and the dark side of AP misinformation• Bankroll swings, variance, and the emotional cost of professional play• How AP skills translate to business and real‑world opportunityIf you're serious about blackjack, AP networking, or understanding the mindset behind long‑term advantage play, this episode is essential listening — and just the beginning of a much deeper conversation. Now, are you ready for some T&A?Contact information for NetworkingChris & Steve: Blackalaskandiamond@hotmail.com
Every January, business owners set big, impressive goals for the new year… but drag last year's mistakes, sunk costs, and emotional baggage with them. It's no wonder most of these exciting goals fade away by February. But it doesn't have to be that way! In this episode, we break down what sunk costs are, why they quietly sabotage your decisions, and how to finally break free from them. You'll learn how to identify old contractors, software, offers, and spending that no longer serve you, so you can protect your business, gain financial clarity, and make smarter, forward-focused decisions. You'll discover: What a sunk cost is (00:03:46) How sunk costs trigger emotional attachments (00:04:47) How to finally break free (00:07:43) By the end of this episode, you'll have the tools and mindset to let go of last year's financial and emotional baggage and fully step into your role as CEO in 2026. Tune in! Sources:
רק מספר 509 של רברס עם פלטפורמה - באמפרס מספר 90, שהוקלט ב-1 בינואר 2026, שנה אזרחית חדשה טובה! רן, דותן ואלון באולפן הוירטואלי (עם Riverside) בסדרה של קצרצרים וחדשות (ולפעמים קצת ישנות) מרחבי האינטרנט: הבלוגים, ה-GitHub-ים, ה-Rust-ים וה-LLM-ים החדשים מהתקופה האחרונה.
Why do traders know they shouldn't add to losing trades — yet still do it?In this episode of the Trading Coach Podcast, Akil Stokes breaks down how game theory, sunk cost fallacy, and trader psychology cause traders to move stops, add to losers, and sabotage their edge.If one bad trade keeps erasing weeks of progress, this episode will change how you see losses — and how you trade them.If you haven't done so already please leave the show a rating/review.Your Trading Coach - Akil
Hi Mimi's, today we will talk about a cool theory. A theory that will free you from a life you don't deserve or anything that is pulling you down so you can start the new year with a bang!! Love you mouah ❤️
Ruben Amorim almost broke a 41-year record. Man Utd scored 4, conceded 4, and honestly? That made perfect sense.Join Tosin as he breaks down the Bournemouth madness. The good moments, the really bad ones, and all the stuff that just didn't make sense.New tactics, unwanted records, a Kobbie Mainoo sighting (finally!), and what it all means with Aston Villa coming up. There's a lot to unpack.Tap in!
In this week's episode, Nate unpacks the pervasive behavioral pull of sunk cost as a force shaping our material reality, identities, and collective expectations about the future. Past investments – in careers, possessions, and cultural narratives – lock us into patterns of defending what might no longer actually serve us. This tendency becomes more and more relevant as the world shifts in ways that demand adaptability rather than stagnancy. Deep loyalty to former choices, even as we absorb new information about our lived environments, can limit our ability to make wiser, more future-oriented decisions. By widening the sunk cost lens beyond solely economic terms, Nate reveals how previous, culturally-inherited attachments influence everything from suburban infrastructure to household decision-making. Loosening the grip of sunk cost on our society may require careful pruning of our current lifestyles so that we may regain agency to build up the skills required to flourish in an uncertain future. Which parts of your own life feel tethered more to past effort than present and future value? How might the built environment around you shape what feels necessary in your life? And, what new "status stories" could be told to help your community transition towards a more resilient future? Show Notes and More Watch this video episode on YouTube Want to learn the broad overview of The Great Simplification in 30 minutes? Watch our Animated Movie. --- Support The Institute for the Study of Energy and Our Future Join our Substack newsletter Join our Hylo channel and connect with other listeners
How do "sunk costs" influence wartime decisions? JP Clark interviews Brian Groves on his book, "When Presidents Fight the Last War."
Morayo is joined by Reemz and TG and on this week's pod cover the following: Win vs Palace Why Amorim is not the man for the job Listener questions Learn more about your ad choices. Visit podcastchoices.com/adchoices
I'm excited to revisit this conversation with Annie Duke to the show to talk about her book, How to Decide: Simple Tools for Making Better Choices. Annie is a former professional poker player turned decision strategist who blends cognitive psychology, high-stakes poker, and practical frameworks to help us make better choices in work and life—even when we don't have all the information. In this conversation, we cover:Luck, Skill, and Outcomes: Annie explains why we need to stop judging our decisions solely by outcomes—and how separating luck from skill leads to better learning and better choices over time. Thinking in Bets and Living with Uncertainty: Drawing from her poker career and academic background, Annie shows how “thinking in bets” helps us navigate uncertainty, manage risk, and make sound decisions even when the long run is a long way off. Simple Decision Tools and Knowledge Tracking: We talk about practical decision processes—like writing down what you knew, what you believed, and what you predicted at the time—to close feedback loops faster and improve your judgment without needing 10,000 repetitions. Escaping Bias, Sunk Costs, and Identity Traps: Annie unpacks how status quo bias, sunk cost fallacy, and “identity-protective cognition” keep us defending past choices instead of seeking truth—and how a better decision process helps us see options more objectively. Confidence, Quitting, and Knowing When to Pivot: We explore how to calibrate confidence, tell the difference between a mountain and a molehill, and decide when perseverance serves you—and when it's wiser (and more productive) to climb back down and choose a different path. Annie's insights take decision-making out of the realm of “go with your gut” and into a practical, repeatable process you can use for everything from small daily choices to major career moves. If you've ever looked back and thought, “If I knew then what I know now…”, this episode will give you tools to reduce those regrets and make more confident, informed decisions going forward. Learn more about Annie and her work at AnnieDuke.com, where you'll find her books, talks, and newsletter, along with ways to connect further. You can also find How to Decide wherever books are sold.Connect with Erik:LinkedIn ThreadsFacebook BlueskyThis Podcast is Powered By:DescriptDescript 101CastmagicEcammPodpageRodecaster ProTop Productivity Books ListSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
In this conversation, Chris LaFay (Founder, Classic City Consulting) shares a decade of hard-won lessons on staying profitable, avoiding bloat, and building an agency that lasts. We dig into “one-glass focus,” why not niching can still be strategic, when to pass on work, partnerships without finders fees, pricing and retainers, and the KPI that quietly compounds new business: intentional outreach.In this episode, you'll learnWhy “one glass” focus beats scattered growthProject variety vs. “niching down” (and how to niche by systems, not industry)The comparison trap: learning from peers without copy-pasting their playbookWhen referral partnerships work without commissions—and when they don'tThe 4 R's growth engine: Retain → Reactivate → Referral → Recruit (new)Don't hire on a hope: catching operational bloat before it sinks marginsPricing, retainers, and the “help agencies look great” strategyThe single KPI Chris tracks in good seasons: weekly intentional check-insHow to handle sunk costs with a “fans-first” lens (Savannah Bananas inspo)Mentorship as a cheat code for clarity and decisive actionChapters:00:00 Intro 09:04 One-Glass Focus: creator energy, momentum, and why projects stay interesting 11:29 Project Variety > Burnout: why new client problems keep the work fresh 14:15 Do You Need a Niche? Niching by WordPress/Shopify & repeatable frameworks 15:32 Peer Comparison Without Copy-Paste: learning from others, keeping identity 18:44 Outreach > Everything: how early agencies stall without consistent relationship-building 25:24 Partnerships Sans Finder Fees: when passing leads is the value (and exceptions) 31:10 Adding Value to Your Agency Network: beyond referrals; community & support 32:17 Risk You're Glad You Took: the hiring lesson that reshaped the business 37:51 Silencing the Inner Critic: external processing & mentor mirrors 41:22 Most Valuable KPI: weekly intentional reach-outs (and why they compound) 46:55 Action Taker You Admire: David Feldman & decisive leadership 51:49 Sunk Costs & When to Quit: “fans-first” filter + staying lean on OPEXConnect with Chris:Founder – Classic City Consulting Website: https://classiccity.com LinkedIn: https://www.linkedin.com/in/chris-lafay/Podcast: https://open.spotify.com/show/7aHdpQXccPOE9YTcDJe4gZConnect with Brian: Web: https://brianondrako.com LinkedIn: https://www.linkedin.com/in/brianondrako/If you're an early-stage B2B Founder, join the Sales Skills For Founders newsletter and learn to “un-suck” at sales, one newsletter at a time.
The Tangle-Tamer: When to Stop Inventing!
Sometimes we stay in jobs, relationships, or situations long after they've stopped serving us — not because we don't see the truth, but because walking away makes the loss feel real. That's the power of sunk cost fallacy, one of the most common (and painful) psychological traps we fall into.In this video, I explain why our brains resist letting go, how the “pain of realized loss” keeps us stuck, and why that pain doesn't actually mean what you think it does. You'll also learn about inverse sunk cost fallacy — the belief that you've missed your window — and how to break out of both.If you've ever wondered why it's so hard to leave something behind or start something new, this video will help you understand what's really happening in your mind — and how to move forward with less guilt and more clarity.Proud to team up with Get Joy! Their Freeze Dried Raw meals are crafted for better digestion, more energy, and happier days together because joy starts from within. Visit https://getjoy.yt.link/H6CRnTC to try it for yourself.Use code: youtube50Get my 5-day guide to reclaiming your time and energy despite mental health struggles.Get Practical tools for navigating life with depression and anxiety, delivered weekly.3 Unique ways to work with meDramatically improve your sleep in 2 steps with my new Sleep Workbook.My book: For When Everything is BurningConnect with me on TikTokConnect on InstagramDisclaimer: This content is not intended to be a replacement for receiving treatment. It is purely educational in nature. My relationship with you is that of presenter and audience, not therapist and client.But I do care.
The Sunk Cost Fallacy is a psychological trap that tricks rational investors and leaders into throwing good money after bad. We will break down the story. Today's Stocks & Topics: Fox Factory Holding Corp. (FOXF), Market Wrap, Albemarle Corporation (ALB), The Sunk Cost Fallacy: Why You Can't Walk Away, Paying Mortgage vs. Investing, Diamondback Energy, Inc. (FANG), Centene Corporation (CNC), A-I Data Centers, Target Corporation (TGT), First Majestic Silver Corp. (AG), New York Real Estate.Our Sponsors:* Check out Anthropic: https://claude.ai/INVEST* Check out Gusto: https://gusto.com/investtalk* Check out TruDiagnostic and use my code INVEST for a great deal: https://www.trudiagnostic.comAdvertising Inquiries: https://redcircle.com/brands
Deep into engineering studies for Project Cormorant, 8 Rivers' massive low-carbon ammonia facility, the team discovered new efficiencies that would create a safer, more advanced version of their hydrogen technology. But there was one problem: they'd already invested heavily in the current design. CEO Damian Beauchamp faced a classic dilemma. Should 8 Rivers stick with their existing approach and avoid the sunk cost fallacy? Or risk everything on a better design, knowing it meant more time, more money, and missed deadlines? That choice became even more complicated when shifting political winds derailed their anticipated offtake agreement with an investor, forcing 8 Rivers to secure new buyers for most of their planned 900,000 tons of ammonia production. In this episode, Lara talks with Damian about navigating the sunk cost trap, building relationships with massive turbine manufacturers like Siemens Energy, and how 8 Rivers has survived as one of the few companies successfully deploying large-scale industrial decarbonization projects since 2008. Credits: Hosted by Lara Pierpoint. Produced by Erin Hardick and Daniel Waldorf. Edited by Anne Bailey. Technical direction by Sean Marquand. Stephen Lacey is executive editor. The Green Blueprint is a co-production of Latitude Media and Trellis Climate. Subscribe on Apple, Spotify, or anywhere you get podcasts. For more reporting on the companies featured in this podcast, subscribe to Latitude Media's newsletter.
“But I've already spent so much time and energy on this…” Ever found yourself stuck in something—whether it's a career, a relationship, or even a client—because it felt too late to walk away? That's the sunk cost fallacy talking. And it might be holding you back from the career (and life!) you actually want. On this episode of the Build Your Copywriting Business podcast, we're breaking down why we cling to paths that aren't working for us. If you've struggled with the difference between giving up or letting go to move forward, this is for you. Feeling that gut pull that something's not right? This is your permission slip to trust it. Remember: past you doesn't get to run the show for present and future you anymore. ----------- Mentioned in the Episode Ep. 214: Replacing a Corporate Job Salary with a 6-Figure Copywriting Business – Tori's StoryEp. 218: Copywriting Opens Doors to Career Opportunities – Sunny's StoryEp. 229: Changing a Habit? Here's the Cycle You're Going Through Related Links Ep. 175: Career Resolutions to Make Right NowEp. 223: If Not Now, When? A Deep Dive Into Decision MakingEp. 186: Are You Stuck in an Employee Mindset? --------------- Get Free Copywriting Training here
Have an episode suggestion? Text us!We've all said it: “I can't walk away, I've already put too much in.” That's the sunk cost fallacy talking. In this episode, Matt breaks down why we stay in jobs, relationships, and habits that don't serve us, and the five psychological traps that keep us stuck. More importantly, we'll share practical ways to start moving forward so you stop protecting your past and start building your future.Find video clips and full length video from this episode on YouTube and our other social media pages!On the web:www.twfo.comSupport the Show:Buy Us a Coffee!Online Course: www.independentlystrong.comUse code WHEELIES75 for 75% off the entire course!Soberlink Device:www.soberlink.com/wheelsCheck out our blog:https://twfo.com/blogFollow us on TikTok:https://tiktok.com/@twfo_coupleFollow us on Instagram:https://instagram.com/twfo_couple/Follow us on Facebook:https://www.facebook.com/TWFOCoupleFollow us on YouTube:https://www.youtube.com/@twfo_coupleFind Taylor Counseling Group:https://taylorcounselinggroup.com/Donate to Counseling for the Future Foundation:Donate Here
Wild ideas are on the agenda today as we stroll through another hallway of the Cabinet. Order the official Cabinet of Curiosities book by clicking here today, and get ready to enjoy some curious reading! See omnystudio.com/listener for privacy information.