Podcasts about sunk costs

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

Bei der Diskussion um ein Social-Media-Verbot für Jugendliche geht es in Wahrheit um strategische Schritte. Es liegt eine klassische strategische Inkrementalität vor. STOPP: Bitte schicken Sie keine Mails an meine Uni-Adresse! Diese Adresse ist ausschließlich für dienstliche Angelegenheiten vorgesehen. Warteliste Webinar spieltheoretisches Verhandeln: https://www.rieck-verlag.de/verhandlungsinfo Kanalmitglied werden: https://www.youtube.com/channel/UCSExr_QUT6h-4sGW5hGjrCA/join Quellen: https://x.com/awholenewstory/status/2027405865217876453 https://www.statista.com/chart/35822/laws-banning-or-restricting-social-media-for-minors/ https://www.adwus.de/verbraucher/klarnamenpflicht/ https://deutsches-schulportal.de/schule-im-umfeld/social-media-verbot-australien-viele-jugendliche-machen-sich-ueber-die-altersgrenze-lustig/ Strategische Analyse: Die Kaskade der Identifikation Das Momentum für ein Social-Media-Verbot ist der initiale Zug in einem Stufenspiel. Wer hier lediglich über Jugendschutz debattiert, unterliegt einem Kategorienfehler. 1. Inkrementalität als Hebel Strategisch handelt es sich um Salami-Taktik. Der „Schutz der Jugend" fungiert als moralischer Ankerpunkt. Durch die Schaffung einer Infrastruktur zur Altersverifikation entstehen Sunk Costs. Sobald die Fixkosten getragen sind, sinken die Grenzkosten für die Ausweitung auf eine Klarnamenpflicht nahe Null. 2. Das Ende des Gleichgewichts Anonymität ist ein notwendiger Schutzraum in der Demokratie. Ohne Pseudonymität kollabiert der Markt der Meinungen zu einem Gleichgewicht, bei dem alle Akteure aus Angst nur noch systemkonforme Signale senden. 3. Die Interventionsspirale Technologisch erzwingt das Verbot eine Flucht in VPN-Tunnel. Dies induziert den nächsten Eingriff (VPN-Verbot), was die Transaktionskosten für die Wirtschaft massiv erhöht. Fazit: Die Altersverifikation ist das Trojanische Pferd zur Abschaffung der digitalen Privatsphäre. Wer A (Jugendschutz) sagt, bereitet den Pfad für B (Totalidentifikation). Hinweis: Die angegebenen Links können Affiliate-Links sein, bei denen ich eine Provision bekomme. Haftungsausschluss: Dies ist ein Bildungskanal, kein Finanz- oder Medizinkanal. Der Inhalt meiner Videos bzw. Podcasts dient ausschließlich zur allgemeinen Information und ist kein finanzieller oder medizinischer Rat oder gar eine persönliche Empfehlung. Instagram: https://www.instagram.com/profrieck/ X/Twitter: https://x.com/profrieck?s=21 LinkedIn: https://www.linkedin.com/in/profrieck

How does the capture and death of a drug cartel kingpin, Paul's planned vacation and the phenomenon of the sunk cost fallacy end up as part of the same 'Cheeky Half' conversation? Good question.Cheeky Half episodes are short. So rather than spending your precious minutes on a written explanation, we definitely encourage you to listen.And yes, Paul & KG would like to acknowledge their privilege.Please feel free to send us your thoughts, comments and suggestions any time via email.Please let us know through either of the options below.Please reach out on askus@leadershipdecanted.com or visit us at www.leadershipdecanted.com

Kennst du die Sunk Cost Fallacy? Dabei geht es darum, dass wir an etwas festhalten, vor allem deshalb, weil wir schon so viel Zeit und Energie investiert haben. Ahnst du schon, was das mit der Doktorarbeit zu tun haben könnte? Auch hier kann es vorkommen, dass wir an Dingen festhalten einfach nur deshalb, weil wir schon so viel investiert haben. Manchmal sogar am gesamten Promotionsprojekt ... In dieser Episode gebe ich dir Beispiele, wo die Sunk Cost Fallacy bei der Promotion überall vorkommen kann. Du bekommst Tipps, wie du feststellst, ob die Sunk Cost Fallacy in deinem Leben eine Rolle spielt und was du daraus für das Treffen von Entscheidungen lernen kannst. Erwähnte Episoden: Die Abschlussfalle - zur Gefahr des Fast-Fertig-Seins: https://promotionsheldin.de/die-abschlussfalle/ Doktorarbeit abbrechen? Vermeide diesen Fehler: https://promotionsheldin.de/doktorarbeit-abbrechen/ Zur Newsletter-Anmeldung: https://promotionsheldin.de/glueckspost/ Links zu Angeboten von mir:

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 ★

Verliesaversie speelt in ons dagelijkse leven – en in onze organisaties – vaak een grotere rol dan we willen. Zo wordt een eenmaal genomen besluit – dat zeker niet de beste oplossing blijkt te zijn – eerder verdedigd dan stopgezet. Want stopzetten betekent erkennen dat je eerder het verkeerde besluit hebt genomen. Hetzelfde geldt bij projecten of veranderingen die al ingezet zijn en waarvan bij de uitrol blijkt dat ze niet gaan opleveren wat we vooraf dachten… We zetten dan vaak de verandering toch door omdat er al zoveel in geïnvesteerd is (geld, tijd, capaciteit, etc). En zo draaien we met z'n allen op ontwikkelingen die zeker niet optimaal zijn. Karin en Marischka bespreken in deze aflevering van de DNHS-podcast het principe van Sunk Costs, een principe dat ten grondslag ligt aan het echt lerend worden en tijdig projecten en ontwikkelingen stopzetten die niet gaan leveren.

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.

This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit creativeonpurpose.substack.com/subscribe

This Is the Video Version of episode 126. Enjoy!

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:

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.

Gros live le 13 janvier (je vous montre tous les chiffres) activer les 3 leviers de l'argent en 2026 Inscription à ce lien : https://www.grosbillets.com/2026En ce début d'année 2026, on oublie les résolutions qui s'évaporent dès le mois de février. Je vous propose d'utiliser un concept neurophysiologique que j'applique à mes propres investissements : laspirale de l'engagement. L'idée est simple : se créer une "prison dorée" en janvier pour s'obliger à performer tout le reste de l'année, même quand la motivation retombera. 

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."

Nein, es geht nicht um Beziehungen – sondern wirklich um Finanzentscheidungen. Zugegeben, „eskalierendes Commitment“ klingt nicht unbedingt nach einer finanziellen Sache. Dahinter verbirgt sich aber ein Geld-Fehler, den viele Menschen und auch Unternehmen machen. Welcher das ist, verraten Dir Saidi und Emil von Finanztip in dieser Folge Geld Ganz Einfach.

למה יותר קל להחליט על השקעה של מיליוני דולרים מאשר לפטר מנהל אחד שלא מספק תוצאות? כי אין פלייבוק לקבלת החלטות בחוסר ודאות וזו לא שאלה של אומץ - זו שאלה של מודעות למנגנונים שמשפיעים עלינו מאחורי הקלעיםהזמנתי את עינב מס, מנכ״לית לינקדאין ישראל בטייטל הרשמי, אבל עבורי חברה קרובה, השראה גדולה והשותפה שלי לתוכנית המנהיגות החדשה LIFT לבכירים ובכירות בהייטק, לשיחה צפופה על ה"קופסה השחורה" של קבלת ההחלטות: >> על איך אנחנו מייצרים עמדה רגשית ורק אז אוספים את הנתונים שתומכים בה >> למה אנחנו נתקעים עם "השקעה שקועה" (Sunk Cost) ולא משחררים, גם כשאנחנו יודעים שצריך >> מה באמת קורה כשאנחנו "מחליטים" אבל בפועל לא מבצעיםזה פרק סופר פרקטי שמפצח את האתגר הכי גדול של מנהלים היום - איך להחליט מהר, גם כשאין נתונים, איך יוצאים מהשיתוק של 'מה יקרה אם אתחרט?' ואיך בונים 'שריר של החלטות' שמתחזק לאורך זמן?יש כאן כלים ליישום מיידי, אבל בעיקר יש כאן את האמת על איך לקבל החלטות קשות - פיטורים, Re-org, חזרה למשרד - בלי לקרוס רגשית בדרך.***אם אתם מחפשים את המצפן האישי והמרחב לפרוץ את תקרת הזכוכית שלכם, ההרשמה ל LIFT, תוכנית המנהיגות החדשה שלי ושל עינב, בעיצומה.זו קפסולת האצה מדויקת למנהלים בכירים שמוכנים ל Next Level, בלי פלאף.ההרשמה פתוחה עד 21.12. כל הפרטים כאן - https://swiy.co/liftto***להצטרפות לקבוצת הוואצאפ של From Manager To Leader⁠⁠⁠https://chat.whatsapp.com/JgU3j5hTpG7BeY7vo3J9vq⁠⁠⁠שתפו אותי במחשבה, תובנה או שאלה שעלתה לכםן מהפרק⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠לינקדאין⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ |⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠פייסבוק⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ | ⁠⁠⁠https://tonyaradfelik.com⁠⁠

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.

Episode: Sunk Costs, Opportunity Costs, and Thinking in Terms of Expected ValueHave you ever kept going with something—even when you knew it wasn't worth it—just because you'd already invested so much time, money, or effort? That's the sunk cost fallacy at work.In this episode of The Grow Your Wealthy Mindset, Dr. Elizabeth Chiang explores how sunk costs, opportunity costs, and expected value shape our financial and life decisions. Drawing insights from Annie Duke's Quit: The Power of Knowing When to Walk Away, you'll learn how to make more rational choices—whether it's deciding to attend a rainy concert, stick with a struggling investment, or stay in an unfulfilling job.You'll learn:What the sunk cost fallacy is—and how it sneaks into your investing and daily choicesWhy we often “throw good money after bad” and how to stop doing itHow opportunity costs help you see what you could be gaining elsewhereHow to use expected value thinking to make smarter, more objective decisionsReal-life examples from investing, research projects, and career choicesUnderstanding these concepts can help you step back, evaluate your options more clearly, and walk away from what's no longer serving you—financially or personally.Mentioned in this episode:Quit: The Power of Knowing When to Walk Away by Annie DukeThinking in Bets: Making Smarter Decisions When You Don't Have All the Facts by Annie DukePlease subscribe and leave a review on your favorite Podcasting platform. Get 12 Financial Mistakes that Keep Physicians from Building Wealth at https://www.growyourwealthymindset.com/12financialmistakes If you want to start your path to financial freedom, start with the Financial Freedom Workbook. Download your free copy today at https://www.GrowYourWealthyMindset.com/fiworkbook Dr. Elisa Chiang is a physician and money coach who helps other doctors reach their financial goals by mastering their money mindset through personalized 1:1 coaching . You can learn more about Elisa at her website or follow her on social media. Website: https://ww.GrowYourWealthyMindset.com Instagram https://www.instagram.com/GrowYourWealthyMindset Facebook https://www.facebook.com/ElisaChiang https://www.facebook.com/GrowYourWealthyMindset YouTube: https://www.youtube.com/c/WealthyMindsetMD Linked In: www.linkedin.com/in/ElisaChiang Disclaimer: The content provided in the Grow Your Wealthy Mind...

Front Run The Week — Free SignalsGet early signals before they hit headlines. Subscribe free — or upgrade for member rewards — at https://tokentrust.substack.comEvery 18 months, crypto crowns a new narrative — DeFi, GameFi, AI-Fi, RWA — and then pivots away before anything real is finished. It's what Rosie Sargsian calls “sunk-cost maxxing.” Instead of finishing what they start, Web3 builders chase the next hype cycle like college quarterbacks chasing NIL money and transfer portals. We've built a culture that loves the recruiting process but not the program. The wedding but not the marriage. And while everyone else is switching jerseys, Ripple stayed put — quietly executing a decade-long plan that's now peaking with ISO 20022 going live this month. They didn't pivot. They planned. From Ripple Prime (Hidden Road) to Rail and G Treasury, they've been building the rails others will soon be forced to run on. This episode breaks down the cultural sickness behind constant pivoting — and why the real builders, like Ripple, prove that Vaultseason isn't for tourists. Signals — 7-Day Free TrialGet early market signals, macro indicators, and the projects I'm tracking before they trend. Start your free 7-day trial at https://tokentrust.substack.com

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.

Have you ever stayed in a job, relationship, or situation that's making you unhappy just because you've already invested so much time, money or effort into it? GIRL, SAME. And that's on sunk cost fallacy, one of the most common (and costly) psychological biases that can keep us trapped following paths that no longer serve us.Being able to change your mind and make better decisions is a major key to adulting, so in this episode, we're unpacking the psychology of sunk cost fallacy and how to finally stop letting past investments dictate your future decisions. I dive into how this bias impacts your career, relationships, and mindset, and the powerful mental shifts you can make to start choosing based on alignment — not avoidance.Just because you've spent a long time making a mistake doesn't mean you need to keep making it….  sometimes, cutting your losses can be an investment in your future self.Tune in for:

38% of U.S. shoppers use Amazon (AMZN), says MichaelAaron Flicker, and he expects many of those shoppers to take advantage of the company's latest Prime days happening this week. He explains how the Mag 7 company uses the "sunk cost fallacy" to encourage people to stick with Amazon Prime and buy more. He also weighs how Amazon's staying power can persist for years down the road.======== Schwab Network ========Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/ About Schwab Network - https://schwabnetwork.com/about

It's been 20 years since I got the worst birthday gift I've ever received. I'm sure you wanna know what it was. I'm not just gonna spill tea in this episode, there's a lesson to take from it, too..   .   .A full transcript of this episode is available in the 10 for Teens + Tweens Ep. 138 show notes on EmpowerfulGirls.com.

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

Would you take the easy way out if it gives up what you love? Is the enemy of your enemy truly your friend? How bad do old cigarettes actually taste? All these questions and more are discussed and answered on the Almost SideShow as we break down Better Call Saul episode by episode. This episode is Season 3 Episode 3 - "Sunk Costs."Check back every Thursday morning for the latest episode of the Almost SideShow!Find the past seasons of the Almost SideShow here: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠http://almostsideways.com/Main%20Menu/Artice%20Archives%20Sub-Menus/AlmostSideways/Almost%20SideShow.html⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠The SideShow is meant to be a companion to listen to after you watch each episode, so join us on the journey!  Watch the episode, then listen to our reaction and analysis.  New episodes drop every week!The Almost SideShow is hosted by Terry Plucknett and Adam Daly and is a part of the AlmostSideways family.Find AlmostSideways everywhere!⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Website⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠almostsideways.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Facebook⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.facebook.com/AlmostSidewayscom-130953353614569/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠AlmostSideways Twitter⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠: @almostsideways⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Terry's Twitter⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠: @almostsideterry⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Zach's Twitter⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠: @pro_zach36Todd: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Too Cool for Twitter⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Adam's Twitter⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠: @adamsideways⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Apple Podcasts⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://podcasts.apple.com/us/podcast/almostsideways-podcast/id1270959022⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Spotify⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://open.spotify.com/show/7oVcx7Y9U2Bj2dhTECzZ4m⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠YouTube⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.youtube.com/channel/UCfEoLqGyjn9M5Mr8umWiktA/featured?view_as=subscriber⁠⁠

Hello to you, Annie Jesperson & Nathaniel Talbot listening from Deep Harvest Farm on Whidbey Island!Coming to you from Whidbey Island, Washington this is Stories From Women Who Walk with 60 Seconds (& a bit more goodness) for Wednesdays on Whidbey and your host, Diane Wyzga.  Every week I head over to Deep Harvest Farm from July through Thanksgiving to fill my basket with organic produce as a Community Supported Agriculture (CSA) member. Early in day the CSA members get an email with a list of what's been harvested, a recipe or two and a musing by Farmer Annie like this one, The Fallacy of Sunk Costs. Maybe like me you'll recognize yourself in her words:          The Fallacy of Sunk Costs [~ by Annie Jesperson]“Sometimes a benefit and other times a detriment of long farm days are the countless hours alone with one's thoughts. A morning spent pruning tomatoes and dragging irrigation lines offers opportunity to practice deep breathing, mindfully listen to the sparrow songs or to stew on last night's sub-optimal conversation with your sister while mentally spiraling about foreign affairs.There's time for it all! We spend many moments with the gentle coo of the wind but also keep our brains stimulated with a wide assortment of podcasts. A few of us love "The Gray Area with Sean Illing," which is a philosophy show that covers culture, politics, and other big conversation topics.I'm pretty sure it was here, I learned about one of my now favorite philosophical principles that comes in handy most farm days and in the rest of life, too. It's called “The fallacy of sunk costs.” Anyone else a fan?? This concept expresses the mental error in one's tendency to keep going on an endeavor just for the sake of finishing it. You've invested some time, money, and energy so you want to complete a task even if the costs of completing it outweigh the positives. It's knowing when to cut losses and till in those overly weedy carrots, shrug your shoulders and leave the last 10% of the giant fruit tree unpruned or close the book you're not loving and pick up something else. There's nothing to gain by doing otherwise!Every day, we look at our mammoth to-do list and decide what's a priority and what just isn't going to happen and not infrequently we kiss some hard work goodbye for the sake of future plantings and more vital tasks. Prioritizing and letting go might be a farmer's most important skills as well as life talents, too, aiding us in the efficiency, time, productivity and happiness of Life!”Click HERE to visit Deep Harvest Farm,  learn about the farm & its farmers, sign up for the Seed Newsletter for hot garden tips, farm news and seed discounts, join the Community Supported Agriculture (CSA) Farm Share, AND shop the 170 varieties of Certified Organic, Open-Pollinated, & Non-GMO seed proven to thrive in the Pacific Northwest: FLOWER SEEDS  ~  VEGETABLE & HERB SEEDSThank you for listening!You're always welcome: "Come for the stories - Stay for the magic!" Speaking of magic, I hope you'll subscribe, share a 5-star rating and nice review on your social media or podcast channel of choice, bring your friends and rellies, and join us! You will have wonderful company as we continue to walk our lives together. Be sure to stop by my Quarter Moon Story Arts website, check out the Services, arrange a no-sales Discovery Call, and stay current with me as "Wyzga on Words" on Substack.ALL content and image © 2019 to Present Quarter Moon Story Arts. All rights reserved.  If you found this podcast episode helpful, please consider sharing and attributing it to Diane Wyzga of Stories From Women Who Walk podcast with a link back to the original source.Stories From Women Who Walk Production TeamPodcaster: Diane F Wyzga & Quarter Moon Story ArtsMusic: Mer's Waltz from Crossing the Waters by Steve Schuch & Night Heron Music

Have you ever held on to something just because you've “put too much into it to let it go”? Many of us fall into the sunk cost fallacy trap—the quiet force that keeps us tied to the past. Whether it's a house full of memories that no longer fits your lifestyle, a career that defined your identity for decades, or a friendship that's no longer life-giving, this conversation will help you identify what might be holding you back—and, more importantly, how to move forward.  In this episode, we discuss:  How sunk costs can go far beyond money Why letting go = gaining freedom 3 strategies to overcome the sunk cost fallacy KHIs vs. KPIs Today's article is from The Critical Thinker titled The Sunk Cost Fallacy and How It Influences Our Decisions. Listen in as Founder and CEO of Howard Bailey Financial, Casey Weade is joined by Les McDaniel to unpack the sunk cost fallacy and how it quietly holds retirees back. Show Notes: HowardBailey.com/512

Send us a textBreaking Free from the Sunk Cost Fallacy: Why Smart Teachers Stay Stuck

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 3038: Joel reveals how the sunk cost fallacy quietly influences our decisions, keeping us stuck in unfulfilling jobs, toxic relationships, or unproductive habits. By breaking free from what's already been invested, we reclaim control and move forward with clarity and purpose. Read along with the original article(s) here: http://5amjoel.com/sunk-cost-fallacy/ Quotes to ponder: "Just because you've spent time or money on something, doesn't mean you have to keep doing it." "It's the fallacy that makes people stay in jobs they hate, keep items they don't use, or remain in relationships that are no longer healthy." "You're not throwing away the past - you're refusing to throw away your future." Episode references: Thinking, Fast and Slow: https://www.amazon.com/Thinking-Fast-and-Slow/dp/0374533555 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 3038: Joel reveals how the sunk cost fallacy quietly influences our decisions, keeping us stuck in unfulfilling jobs, toxic relationships, or unproductive habits. By breaking free from what's already been invested, we reclaim control and move forward with clarity and purpose. Read along with the original article(s) here: http://5amjoel.com/sunk-cost-fallacy/ Quotes to ponder: "Just because you've spent time or money on something, doesn't mean you have to keep doing it." "It's the fallacy that makes people stay in jobs they hate, keep items they don't use, or remain in relationships that are no longer healthy." "You're not throwing away the past - you're refusing to throw away your future." Episode references: Thinking, Fast and Slow: https://www.amazon.com/Thinking-Fast-and-Slow/dp/0374533555 Learn more about your ad choices. Visit megaphone.fm/adchoices

Well we are back after a bit of a break. This is a second crack at Andrew reporting on his Japan trip. Good news, this was probably better than the original anyway. If it sounds different, it's because we went old school AOT and recorded it directly into the old trusty H4N. After Andrew's Japan recap we touch on a few project car updates. Thanks for hanging in there folks.  Please Rate, review and subscribe to the podcast on your favorite listening platform. Comments, Questions, complaints; email us at autoofftopic@gmail.com Join the Discord, message us on the socials for a link. Keep your cars analog and Aim for the Roses!

This week, we're digging into one of the most pressing financial crises of our time: student loans. After a five-year pause, the Trump administration has officially restarted collections on defaulted federal student loans, and millions of borrowers could soon face wage garnishment, reduced Social Security benefits, and even hits to their credit scores. Joining us is Jillian Berman, author of the groundbreaking new book, Sunk Cost: Who's to Blame for the Nation's Broken Student Loan System and How to Fix It. Jillian takes us behind the headlines, breaks down who is most at risk, and how to get your payments back on track if you're in default.  Resources & Links:

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.

Today's Daily Puck Drop with Jason “Puck” Puckett featured Danny Kelly, The Ringer, host of The Ringer NFL Draft Show  and John Canzano, JohnCanzano.com.  Puck opened up the show discussing the health status of Mitch Haniger and why it makes sense for the Mariners to move on.  The Seahawks are brining in more offensive line help and that's a good thing.  Danny drops by for his weekly visit to chat about the Sam Darnold contract, addition of Cooper Kupp, offensive line help, and reaction to the latest mock drafts.   Canzano and Puck start off their weekly conversation with reaction to North Carolina being selected to the NCAA tournament and the criticism that has followed.  John informs Puck on the latest with the Pac-12 media rights deal, expansion timeline, UNLV and Pac-12 situation and John celebrates an anniversary.  Lastly, “Hey, What the Puck!?”  Puck thanks listeners has he heads into next weeks shows which will celebrate one year of going out on his own and starting his own media site. (0:00) Puck on Haniger and offensive line reinforcement (16:27) Danny Kelly, The Ringer, Host of The Ringer Fantasy Football Show and The Ringer NFL Draft Show (46:46) John Canzano, JohnCanzano.com, “Bald Faced Truth” (1:24:25) “Hey, What the Puck!?” 

Is the sunk cost fallacy preventing you from getting the most out of your life?    This phenomenon causes us to stick with strategies we've invested in, from financial choices and our relationships to how we spend our time and energy… even when abandoning them would be more beneficial. The good news? By developing awareness of how it's manifesting in your life, you gain the power to make wiser decisions, and I share my top tips with you in this episode.   Get full show notes, transcript, and more information here: https://jodymoore.com/491