Podcasts about sunk cost fallacy

In Zeiten hoher Marktvolatilität und Unsicherheit ist das Wissen um die eigenen mentalen Schwächen oft entscheidender als die perfekte Anlagestrategie. In der 74. Folge des Einkommensinvestoren-Podcasts widmen wir uns daher den wichtigsten mentalen Fallstricken, die selbst erfahrene Anleger immer wieder ins Stolpern bringen. Von der Aktualitätsverzerrung über den Herdentrieb bis hin zur Versunkene-Kosten-Falle – wer diese Mechanismen versteht, kann teure Fehler vermeiden und langfristig erfolgreicher investieren.

In this episode of the podcast, we have the awesome privilege of being joined by none other than Richard Culatta, CEO of ISTE and former White House Education Adviser. We discuss the future of education and the role of technology in enhancing learning experiences.The conversation explores the importance of thoughtful tech integration (or not integration as you will hear Richard say!), the need for innovative teaching practices, and the significance of preparing students for a digital world. Richard shares insights on the Transformational Learning Principles and the necessity of authentic assessment in education. The conversation emphasises collaboration across the education ecosystem and the need to focus on uniquely human skills in an AI-driven future.Chapters00:00 Introductions02:01 Richard Culatta's Journey in Education03:20 ISTE's Role in Educational Innovation05:24 The Importance of Diverse Perspectives in Education09:08 Challenges of Innovation in Education13:12 Thoughtful Technology Integration16:56 Examples of Effective Tech Integration (!)22:28 Quality Standards in EdTech Products25:32 Engaging Learners in the Learning Process26:13 Nostalgia and the Evolution of Media Consumption27:42 The Importance of Diverse Perspectives in Innovation28:31 Creating Student-Centred Learning Experiences31:16 Transformational Learning Principles for Optimal Experiences32:22 Balancing Assessment and Enjoyment in Education34:07 The Sunk Cost Fallacy in Education40:58 Outdated Practices in Education42:45 Measuring Learning Success Beyond Grades44:48 Identifying Uniquely Human Skills in an AI WorldCheck out Richard's most recent book, Digital for GoodThanks so much for joining us again for another episode - we appreciate you.Ben & Steve xChampioning those who are making the future of education a reality.Follow us on XFollow us on LinkedInCheck out all about EdufuturistsWant to sponsor future episodes or get involved with the Edufuturists work?Get in touch

If you're digging a hole in the wrong place, it doesn't matter how deep you've dug… it's still the wrong hole!This episode is all about continuing to stay on a course of action despite it being more beneficial to quit. You might try to rationalise the situation by saying since the spent cost can't be recovered, you might as well stay the course and/or allocate additional resources to try to make things work… however is that the right decision for you?? Jac & Ral both share examples of embracing sunk cost fallacy – and how to know when to hold them, how to know when to fold them and how to know when to walk away! Sing it out loud Kenny!! ---------------------------------------------------------New Episode Every Monday Follow the showhttps://www.instagram.com/keepingitrealwithjacandral/https://open.spotify.com/show/5yIs5ncJGvJyXhI55Js0if?si=aCNOdB68QnOGnT0vCTPcPgFollow Jac https://www.linkedin.com/in/jacphillips/https://www.instagram.com/jac.phillips.coaching/Follow Ralhttps://www.linkedin.com/in/gabrielledolan/https://www.instagram.com/gabrielledolan.1/Produced by Keehlan Ferrari-Brown

Where we sit down together to talk about the concept of sunk cost fallacy, how it might affect us as training and behaviour professionals, and how not to fall victim to this limiting cognitive bias.Also, horsemanship defined(?), Scotland talk, and Lauren's aggressive typing.⁠⁠⁠Topic or guest suggestions? Fan mail? Hate mail? We love to hear from you all! Email ⁠notanotherdogandponyshow@gmail.com⁠

Ingmar wertet nochmal eure Kritik zur Kurzgeschichte aus und freut sich über eure Beiträge zur Sunk Cost Fallacy. Die nächste Frage, die er sich und euch stellt, lautet: Wie alt wollt ihr werden? Technologisch wird es schon in wenigen Jahren dazu kommen, dass der Fortschritt die Lebenserwartung überholt und wir ganz andere Altergrenzen erleben werden. Ist das Grund zur Hoffnung? Hosted on Acast. See acast.com/privacy for more information.

Best known for The Art of Thinking Clearly, Rolf Dobelli has helped millions of readers sharpen their thinking and sidestep the traps that cloud our judgment. In his latest book The Not-To-Do List, he flips traditional self-help on its head; arguing that the key to a good life isn't doing more, but doing less of what doesn't serve us.In this candid conversation, Rolf shares practical ways to reclaim your attention and energy: how to stop overcommitting, why reliability matters more than talent, when to quit (and why it's not a failure), and what he's learned from consciously stepping away from the news cycle.This episode is a must-listen for anyone feeling stretched thin, trapped in a productivity loop, or simply ready to cut through the noise.00:00 Introduction 01:04 Rolf Dobelli's Not-To-Do Habit: Overconfidence 02:44 Rolf's Study on Cognitive Biases 05:14 The Sunk-Cost Fallacy's Impact on Our Decisions 07:22 How to Avoid the Manipulation of Reciprocity 10:12 Rolf's Inspiration Behind ‘The Not-To-Do List'12:44 Why Reliability Outweighs Brilliance 14:46 Knowing When to Quit or Persevere 18:33 Why To-Do-Lists Don't Work 20:12 The Magic of Setting Low Expectations 23:54 Why Rolf Stopped Reading the News 27:25 Rolf Dobelli's Mission to Sharpen the Quality of Our Thoughts 29:15 The Billboard Question: Rolf Dobelli's Message30:22 Episode Closing Follow Rachel here: https://www.instagram.com/ms_rach/Stay up to date with Rolf Dobelli here: https://www.dobelli.com/en/Purchase 'The Art of Thinking Clearly: Better Thinking, Better Decisions' online here.Purchase 'The Not to Do List: The Surprisingly Simple Art of Success' online here.

Ingmar berichtet von seinen neusten Standup-Erlebnissen und wie sich die Szene verändert hat und erklärt uns anschließend, warum man einen schlechten Film nie zu Ende guckt! Die „Sunk Cost Fallacy“ hat es ihm angetan und er vermutet, dass mehr Menschen daran gefangen sind als man so denkt. Abgerundet wird das dann durch die Forderung zur Verbeamtung von Pflegekräften! Na da ist was los - für Mutti. Hosted on Acast. See acast.com/privacy for more information.

If you've never heard of “sunk cost fallacy,” I'll take this opportunity to explain it. It's a phenomenon that happens when you've invested in something so that you're unwilling to stop pursuing that thing. Among gamblers, the idea is that if they keep betting another few bucks, eventually, they'll win. They've sunk too much into their evening of gambling to walk away without a win. Sunk cost fallacy isn't just about gambling, though. It rears its head everywhere. You'll see it in someone unwilling to sell a car they've invested a lot into because they won't recoup the value. You'll see it in managers who refuse to give up on a system that just isn't working for the company, but they keep pursuing it because they've sunk time and money into that system and feel they can't turn back now... Podcast Notes: https://www.moneymakerphotography.com/the-dangers-of-sunk-cost-fallacy/ Photography Clips Podcast: https://www.moneymakerphotography.com/podcast/ Follow me: https://www.facebook.com/Will.Moneymaker https://www.instagram.com/willmoneymaker https://www.youtube.com/@willmoneymaker https://www.flickr.com/photos/willmoneymaker #PhotographyClips #WillMoneymaker #Photography

“Pengen ningalin tapi sayang waktunya”“Pengen ngudahin tapi sayang investasi nya”Semua sayang karena waktu,cinta, investasinya padahal tau gabakal berhasil akhirnya tapi berharap ada titik terang. Hati-hati kamu jadi korban Sunk Cost Fallacy! Gakmau ngehentiin karena ngeliat kebelakang ! Yuk pelajarin gimana cara ngenalin dan ngehadepinnya biar bisa ambil keputusan yang tepat dan berfikir lebih jernih Bersama #3MenitLebihJernih bersama METANOIA!

Are you pouring time, money, and energy into something that just isn't working? Today we talk about the “dead horse” strategy and why people cling to bad ideas, failing partnerships, underperforming staff, or side hustles that should've ended long ago. We share real stories, hard-earned lessons, and practical tools to help you spot the signs early and move on before it costs you big.On this episode, we discuss:(00:00) Intro(00:18) What Is the “Dead Horse” Strategy?(01:29) Marty's Real Estate Side Hustle That Distracted the Business(03:12) Jase's Gin Business Detour and the Emotional Cost of Persistence(04:33) The Sunk Cost Trap: When You've Invested Too Much to Quit(06:01) Buying More on the Dip: The Investor's Version of a Dead Horse(06:43) Relationships with Referrers: When the Leads Just Don't Come(08:10) Setting Expectations and Knowing When to Walk Away(10:25) Letting Go of Team Members Sooner: Why It's Crucial for Growth(13:14) How Business Maturity Forces Harder, Faster Decisions(14:51) Case Study: The Fall of Godfreys and Failure to Pivot(17:34) How to Spot a Dead Horse in Business Before It's Too Late(20:23) Don't Go It Alone: Accountability Buddies and Advisory Boards(21:15) Have a Crack—But Know When to Cut Your LossesCheck out the free resources from Inovayt here.Send us an email: hello@thenumbersgamepodcast.com.auThe Numbers Game is brought to you by Future Advisory & Inovayt.Hosts:Nick ReillyJason RobinsonMartin VidakovicThis podcast is produced by VIDPOD.

Steve and Jeff shared their thoughts on the Saints' rookie class and New Orleans' offseason drama cycle with Derek Carr. The guys reviewed Drew Brees' comments from Wednesday's episode of Sports Talk regarding Kellen Moore, Tyler Shough, and Carr. Matthew Paras, a Saints beat reporter for The Advocate, joined Sports Talk to discuss New Orleans' offseason rookie minicamp. Paras projected Kelvin Banks' landing spot on the Saints' offensive line. Steve, Jeff, and Charlie played their daily "Triple Option" segment.

When are determination, loyalty, persistence not virtues? When you're deploying them in a no-win situation. There are more landmines like this than you might think in your career landscape.  In today's episode, you'll learn how behavioral economics is keeping you stuck in situations that are aging like milk. Know when having grit is worth the payoff and when it's wasting your time. The more time, money or effort you invest, the more you feel responsible for achieving  success, and the less likely you are to abandon what's not working. When you feel like you should keep trying, also consider the cost of a missed opportunity. What didn't you do, explore, discover because you're pouring resources down the drain? What did you put at risk in terms of your stress level? Your health, your well being? Make sure that your expectations are realistic and clearly communicated Don't get so emotionally invested that you can't walk away. Think about milestones and success measures and have a plan for what happens if they aren't met. Ask "what's the best that could happen?" Then decide if that answer is good enough. Join the leadership challenge: https://architectingpodcast.com/index.php/leadershipchallenge/ Give Architecting a Google review- be sure to name the episode! https://g.page/r/CVYGVmEtsUjdEAI/review Stay Inspired, Angela Join the architecting community: YouTube, Instagram,  LinkedIn, Clubhouse, Facebook Interested in sponsoring a show or having me as a guest on your podcast or community? Stop here to get information. Into/outro music Alive by Richard Wasson Copyright 2019

The boys discuss tall people, fast jets and the best shower practices

Du steckst mitten in der Suche nach deiner Ferienimmobilie und hast das Gefühl, dich schon zu sehr auf ein Objekt eingeschossen zu haben? Du hast schon zig Gespräche geführt, viel Zeit investiert und willst jetzt nicht mehr zurückrudern – obwohl dein Bauchgefühl vielleicht etwas anderes sagt? In dieser Folge spreche ich über den psychologischen Denkfehler der Sunk Cost Fallacy – und warum es gefährlich sein kann, nur deshalb an einer Immobilie festzuhalten, weil du schon so viel hineingesteckt hast. Ich teile eine echte Geschichte aus meinem Coachingalltag und zeige dir, wie du dich vor typischen Denkfallen schützt.

The sunk cost fallacy can lead leaders to stick with bad decisions just because of past investments. This episode explores how to recognize and break free from this trap, helping leaders make smarter, future-focused choices.Host: Paul Falavolito Connect with me on your favorite social media platform. Now on Substack and Discord Free Leadership Resourceswww.paulfalavolito.comExclusive 7 Minute Leadership Merchlinktr.ee/paulfalavolitoBookstore:Get your copy on Amazon: https://bit.ly/48J8zFGGet your copy at Book Baby: https://bit.ly/3P8iFsUFor the best aviator sunglasses on the market, use the link below to get 10% off Flying Eyes. Discount Code: PFAVhttps://flyingeyesoptics.com/eyewear/?ref=2J4duW9yyI3hiwSubscribe and listen to all of my podcast shows:The 7 Minute Leadership Podcast 1 PAPA FOXTROT - General Aviation PodcastThe DailyPfav

In this solo episode of Your Project Shepherd, host Curtis Lawson dives into the sunk cost fallacy—a mindset that traps people in bad investments, whether in relationships, careers, or home construction projects. Curtis shares real-life stories of homeowners who stuck with failing builders, wasting time and money instead of cutting their losses. He also explores how this psychological trap affects business owners, hiring decisions, and subcontractor relationships. Don't let past investments dictate your future—learn how to recognize and break free from the sunk cost fallacy.

In the second episode of Misfit Monthly by Investing Unscripted, Jason and Tyler explore the concept of the 'too hard pile' in investing—companies and sectors that are challenging to understand or outside one's expertise. They discuss the value of intellectual curiosity, the importance of knowing one's limits, and strategies to gradually expand one's circle of competence. 02:18 Understanding the 'Too Hard' Pile07:18 Exploring Misfit Stocks19:09 The Sunk Cost Fallacy in Investing25:39 Building Knowledge and Intellectual Curiosity38:50 Final Thoughts and Q&A Callout*****************************************Check out Tyler's Misfit Alpha at https://www.misfitalpha.com/unscripted Follow Tyler on BlueSky: https://bsky.app/profile/misfit-alpha.bsky.social Sign up for the Investing Unscripted newsletter at InvestingUnscripted.com Subscribe to our portfolio on Savvy Trader *****************************************Email: investingunscripted@gmail.comTwitter: @InvestingPodCheck out our YouTube channel for more content: ******************************************To get 15% off any paid plan at finchat.io, visit https://finchat.io/unscripted******************************************Listen to the Chit Chat Stocks Podcast for discussions on stocks, financial markets, super investors, and more. Follow the show on Spotify, Apple Podcasts, or YouTube******************************************Investing Unscripted is brought to you by Public.com* Visit https://public.com/investingunscripted *All investing involves the risk of loss, including loss of principal. Brokerage services for US-listed, registered securities, options and bonds in a self-directed account are offered by Public Investing, Inc., member FINRA & SIPC. Public Investing offers a High-Yield Cash Account where funds from this account are automatically deposited into partner banks where they earn interest and are eligible for FDIC insurance; Public Investing is not a bank. Cryptocurrency trading services are offered by Bakkt Crypto Solutions, LLC (NMLS ID 1890144), which is licensed to engage in virtual currency business activity by the NYSDFS. Cryptocurrency is highly speculative, involves a high degree of risk, and has the potential for loss of the entire amount of an investment. Cryptocurrency holdings are not protected by the FDIC or SIPC. A Bond Account is a self-directed brokerage account with Public Investing, member FINRA/SIPC. Deposits into this account are used to purchase 10 investment-grade and high-yield bonds. The 6%+ yield is the average, annualized yield to worst (YTW) across all ten bonds in the Bond Account, before fees, as of 12/13/2024. A bond's yield is a function of its market price, which can fluctuate; therefore, a bond's YTW is not “locked in” until the bond is purchased, and your yield at time of purchase may be different from the yield shown here. The “locked in” YTW is not guaranteed; you may receive less than the YTW of the bonds in the Bond Account if you sell any of the bonds before maturity or if the issuer defaults on the bond. Public Investing charges a markup on each bond trade. See our Fee Schedule (https://public.com/disclosures/fee-schedule). Bond Accounts are not recommendations of individual bonds or default allocations. The bonds in the Bond Account have not been selected based on your needs or risk profile. See Bond Account Disclosures to learn more.Alpha is an AI research tool powered by GPT-4.  Alpha is experimental and may generate inaccurate responses.  Output from Alpha should not be construed as investment research or recommendations, and should not serve as the basis for any investment decision. Public makes no warranties about its accuracy, completeness, quality, or timeliness of any Alpha out. Please independently evaluate and verify any such output for your own use case.*Terms and Conditions apply.

Peter Attia, M.D., and founder of Attia Medical, PC, sits down with Tom to discuss what changes everyone should make in their life in order to build and extend the best quality of your physical and emotional durability as you age. [Original air date: 2-15-17]. SHOW NOTES Preserving health and extending physical longevity [0:47] Loading muscle vs. loading joints [2:20] The new sport of becoming a kickass 100-year-old [3:27] Minimizing suffering and training to be the best 100-year-old [4:42] The physical results and consequences of aging [7:34] Adapting your exercise to risk probability [9:28] The VO2 max threshold [11:45] Fast vs. slow orthopedic injuries that kill people [14:58] The substantial risks of join overload [16:50] Driving and alcohol as the biggest misjudgments of risk [17:46] Caloric restriction offers considerable long-term benefits [21:31] The truth about the Standard American Diet (S.A.D.) [22:45] Investing in health over money [26:39] Being cautious on teaching kids how to eat [28:36] The Sunk Cost Fallacy [31:12] Using insecurities as a mechanism to drive you [34:40] Recognizing what your reactions actually mean [36:26] Surround yourself with honest, patient people [41:40] Being the best version of yourself for those you love [42:50] We suffer in our heads more than in any other way [44:59] Exercise, Sleep, Nutrition, Management of Distress [46:28] Follow Peter Attia WEBSITE: https://bit.ly/2qzsaFZ INSTAGRAM: https://bit.ly/2FaU9Wn SUPPORT OUR SPONSORS: Get 5 free AG1 Travel Packs and a FREE 1 year supply of Vitamin D with your first purchase at https://impacttheory.co/AG1pod. Secure your digital life with proactive protection for your assets, identity, family, and tech – Go to https://impacttheory.co/aurapod to start your free two-week trial. ********************************************************************** What's up, everybody? It's Tom Bilyeu here: If you want my help... STARTING a business: Join me inside ZERO TO FOUNDER here SCALING a business: Click here to see if you qualify Get my battle-tested strategies and insights delivered weekly to your inbox: sign up here. ********************************************************************** Join me live on my Twitch stream. I'm live daily from 6:30 to 8:30 am PT at www.twitch.tv/tombilyeu ********************************************************************** LISTEN TO IMPACT THEORY & MINDSET PLAYBOOK AD FREE + BONUS EPISODES on APPLE PODCASTS: apple.co/impacttheory ********************************************************************** FOLLOW TOM: Instagram: https://www.instagram.com/tombilyeu/ Tik Tok: https://www.tiktok.com/@tombilyeu?lang=en Twitter: https://twitter.com/tombilyeu YouTube: https://www.youtube.com/@TomBilyeu Learn more about your ad choices. Visit megaphone.fm/adchoices

This week Keegan, Cassi and Christina talk about memory problems and sex dolls with AI. The FMK is between WALL-E, HER and R2-D2. Going into the bad dates, Christina shares a date with a super religious guy, Cassi shares a date put on standby and Keegan shares a date that just lets it all go. Christina wraps it up in the true crime segment, Tainted Love, with the story of Kevin Mengel. Learn more about your ad choices. Visit megaphone.fm/adchoices

Marketing in the Digital Age (0:01:27 - 0:08:25)Importance of authenticity and relatability in marketing, regardless of industry.The rise of direct-to-consumer marketing using platforms like TikTok and YouTube.The use of concise pitch decks and testimonials to convey a company's value proposition.The Art of the Interview (0:12:33 - 0:18:28)The benefits of unscripted interviews for capturing genuine personalities.The interviewer's role in creating a comfortable environment.The editor's role in shaping the final narrative.Language and Writing in the Digital Age (0:18:55 - 0:23:45)The difference between reading and listening in terms of comprehension and internalization.The use of language to convey authenticity in a world of AI.The Evolving Subscription Model (0:24:29 - 0:28:45)The shift from ad-free models to tiered subscription systems.Concerns about the value proposition and potential for consumer fatigue.The Entertainment Industry and the "Sunk Cost Fallacy" (0:28:45 - 0:30:53)The tendency to create anticipation for future seasons and shows.The potential for viewers to remain engaged despite declining quality due to sunk cost fallacy. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit daydrinkingondelmarva.substack.com

What if your gut instinct could save your business—or cost you everything? Join hosts Sid and Keith in this quick-hit episode of the Overlap Podcast as they explore the art of trusting your gut. Drawing from personal stories and leadership lessons, they unpack when intuition is your greatest asset and when it might lead you astray. Perfect for small business owners and entrepreneurs, this episode delivers actionable insights at the intersection of work, family, and leadership—all in under 30 minutes.   What You Will Learn How to harness your gut instinct to make smarter decisions. The surprising link between expertise and intuition. Ways to spot and avoid common decision-making traps. Key Topics Discussed Why going against the crowd might be your secret weapon (but only sometimes). The hidden costs of ignoring your instincts—think time, money, and missed opportunities. How experience sharpens your gut—and when it's time to double-check it. What Malcolm Gladwell's "Blink" reveals about snap judgments (and their limits). Real-life gut checks: from bad hires to sinking decks, what went wrong? Show Resources and Links Book Mentioned: "Blink: The Power of Thinking Without Thinking" by Malcolm Gladwell – Dive deeper into the science of gut instincts. Overlap Podcast Website: overlaplife.com – Explore more episodes and resources. Sponsor Page: overlaplife.com/sponsors/ – Support the show by checking out our trusted partners. Sponsor Spotlight Content Fresh: Elevate your social media presence with Content Fresh, the team behind our 2,235% growth across platforms – contentfresh.com. Barranco and Associates: Get holistic financial guidance from Johnny Barranco, a trusted accountant with over seven years of impact – barrancoandassociates.com. C2 Wealth Strategies: Plan your financial future with Wes Cody and his team at C2 Wealth Strategies – c2wealth.com. Roadmap for Growth: Scale your small service business with Chris Francis and Rick Miller's online course – treebusiness.com. Quotes “Sometimes you can save yourself out of business. You can step over $10 bills to pick up dimes.” – Sid “Trust your gut only when it's backed by expertise and experience.” – Sid (paraphrasing Malcolm Gladwell) “If your gut has worked in the past, then maybe trust your gut. But if it's failed you more times than it's helped you, you may need to get a new gut.” – Keith Conclusion   Sid and Keith wrap up this quick-hit episode with a clear takeaway: your gut is a powerful tool, but it's not infallible. When paired with experience and expertise, it can guide you through tough calls in business and life. Next time you're at a crossroads, listen to that inner voice—just make sure it's earned its stripes. Tune in next week for more insights at the overlap of work, fitness, family, and leadership. Have a gut instinct story? Share it with the Overlap team via overlaplife.com or tag them on social media.

Episode Highlights: [00:18] The Power of Cleansing (In Business and Life)Brook shares insights from his two-month homeopathy cleanse, revealing why detoxing isn't just about what you add—but also about what you remove. Ryan connects this to spring cleaning in business and why eliminating what's not working is just as important as growth.[01:52] The Sunk Cost Fallacy: When to Cut Your LossesEver kept doing something just because you invested time or money in it? Ryan explains the sunk cost fallacy—why people hold onto bad strategies out of guilt—and why the best business owners cut their losses and move on quickly.[04:20] Relationships Over TransactionsIn an era dominated by digital marketing and ad-driven tactics, Brook reminds us that strong relationships are the ultimate business advantage. Ryan adds that great relationships mean you'll never go hungry in business.[06:17] Model, Then Modify: The Fastest Path to MasteryWhether in sales, leadership, or any skill, the key is to model what works first—then tweak it to fit your unique voice and business. Ryan shares how this philosophy applies to mastering sales scripts, marketing, and even music.[08:26] The Stoic Reminder: Be the Person You Aspire to BeBrook drops a powerful quote from Marcus Aurelius: “Waste no more time arguing what a good person should be. Be one.” Ryan and Brook discuss the noise of today's world and why action speaks louder than words.

Da diese Woche eine Welle an Krankheiten über den Kompass gefallen ist, hat sich Freddy einen alt bekannten Gast geschnappt, um über gewisse Denkmuster zu reden. Sollte man Karten einfach verkaufen? Wie steht man sich selbst im Weg? Weswegen kommen wir zu Trügschlüssen? Und sind die zu stark oder sind wir zu schwach? Toms Website + Podcast: https://commander-unlimited.at https://open.spotify.com/show/5HokYv46ehp441SRV3T0tO [Werbung] Wir werden von Ultimate Guard gesponsert - an unserer Themenwahl oder Ansichten ändert das nichts, es gibt nur immer mal wieder Shoutouts und Hinweise auf Neuigkeiten und Produkte. http://tinyurl.com/commanderkompass - Discord: https://discord.gg/Mu2EBCUwjK Spotify: https://spoti.fi/3rVEuy5 Apple Podcasts: https://apple.co/3bX7fVP Google Podcasts: https://bit.ly/3eWvxAS Twitter: https://twitter.com/edh_kompass Anchor: https://anchor.fm/commanderkompass Deezer: https://deezer.page.link/wduneK1DsrUKKVvF9 - Editor: https://twitter.com/merlotter

Season 3, Episode 23: The Sunk Cost FallacyWhat is the sunk cost fallacy, and why is it an issue for us in ministry and life?  Take a listen to this week's episode and learn how understanding this concept can move our lives in a more positive direction.Resources:Instagram @nicolereilleycoachingFacebook @nicolereilleycoachingMinistry & Life Coaching and Social Media Management at NicoleReilley.com.Expanding the Expedition Through Digital Ministry by Nicole Reilley at AmazonRevReilley@gmail.comAmazon Affiliate Links:Here by Lydia SohnHabit Tracker Calendar www.NicoleReilley.com

The sunk cost fallacy is a common psychological trap that affects our decision-making processes, often leading us to throw good money after bad or continue with unproductive endeavors simply because we've already invested time, money, or effort. Understanding this fallacy is crucial for making better decisions in many areas of life, including things like reading a book, finishing a movie, relationships, finances, and investments. This post delves into the sunk cost fallacy, explains why we fall for it, and provides examples to help you recognize and avoid it. Contact Chris: https://heavymetal.money ⁠https://www.facebook.com/MoneyHeavyMetal⁠ https://x.com/MoneyHeavyMetal ⁠https://www.instagram.com/chrisluger⁠ ⁠https://www.tiktok.com/@heavymetalmoney⁠ email: chris at heavymetal.money Contact Dan: email: dan at corepln.com https://www.corepln.com/dan-hine Resources and Links: https://heavymetal.money/sunkcost/ Quit by Annie Duke https://amzn.to/4j6Vsoh Please Like, subscribe and share wherever you get your podcasts and on YouTube! 

Writing humor takes a lot of time and patience. We'll discuss ways to persevere.SummaryIn this episode, Brad Guigar and Dave Kellett share insights on the creative process of writing humor, emphasizing that humor can be both an inherited trait and a learned skill. The conversation highlights the necessity of trial and error in developing a comedic voice and the various factors influencing one's ability to be funny. In this conversation, the hosts discuss the journey of mastering humor and comedy writing. They emphasize the importance of practice, analysis, and the willingness to learn from unfunny attempts. The hosts share practical tips for writing jokes, the significance of active watching in comedy, and the necessity of obsession with the craft. They also address the challenges some may face in writing humor and encourage aspiring comedians to find their unique path in the genre. In this conversation, the hosts discuss the emergence of Blue Sky as a promising social media platform, contrasting it with their experiences on Twitter and other platforms. They explore the emotional challenges of leaving behind established accounts, the importance of engagement, and the sunk cost fallacy that often prevents users from moving on. The discussion emphasizes the need to focus on platforms that bring joy and meaningful connections, ultimately advocating for a shift towards Blue Sky.TakeawaysWriting humor is a long-term process.Not everyone has an innate sense of humor.Trial and error is essential in humor writing.Humor can be developed through practice.A supportive environment fosters comedic skills.Personal experiences shape one's comedic voice.Learning from past failures is crucial.Engagement with the audience is key to success. Writing humor requires a long journey of trial and error.Analyzing unfunny work is crucial for improvement.Active watching of comedy can enhance joke-writing skills.Practice writing jokes daily to develop your craft.Improv classes can help students understand humor dynamics.Reading and analyzing successful comics can provide insights.Books on comedy writing can be helpful but may not suit everyone.Obsession with humor is essential for long-term success.You can't get worse at writing humor if you keep practicing.Finding joy in the process is critical to becoming a better comedian. Blue Sky is gaining traction as a new social media platform.Engagement on Blue Sky is significantly higher than on Twitter.The emotional weight of deleting social media accounts can be heavy.The sunk cost fallacy can prevent users from moving on from old platforms.It's essential to focus on platforms that bring joy and engagement.Many interesting creators are migrating to Blue Sky.The hosts emphasize the importance of audience engagement for success.Deleting old accounts can be a liberating decision.Social media should be a source of joy, not frustration.Building a community on new platforms is essential for growth.   You get great rewards when you join the ComicLab Community on Patreon$2 — Early access to episodes$5 — Submit a question for possible use on the show AND get the exclusive ProTips podcast. Plus $2-tier rewards.Brad Guigar is the creator of Evil Inc and the author of The Webcomics Handbook. Dave Kellett is the creator of Sheldon and Drive.

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

Join Plan Goal Plan Your Year! Ever find yourself holding onto something just because you've already invested so much into it—whether it's a project, habit, or even a relationship? That sneaky mindset is called the sunk cost fallacy, and it's one of the biggest blocks to achieving true work-life balance. In today's episode, I'm sharing how this belief might be keeping you stuck in routines, roles, or commitments that no longer serve your goals. We'll talk about how to recognize when it's time to let go and explore three simple strategies to help you move forward: reframing letting go as a strength, anchoring decisions to your values, and starting small to build momentum. If you're ready to release what's not working and create space for what truly matters in 2025, this episode is for you. Let's make bold, intentional choices together. Ready? Let's do this! Connect with Danielle:  Email: danielle@plangoalplan.com Join Plan Goal Plan Your Year! Join the Plan Goal Plan Facebook Group: https://www.facebook.com/groups/727411369068279 Website: https://www.plangoalplan.com/ Be bold, be balanced, and most of all, be well. See you next time!  

Suzanne and Katie Hunt delve into the concept of 'pivoting' in life and business. Drawing an amusing parallel from the iconic 'pivot' episode of Friends, they explore Katie's journey from an anxiety and stress healer to a guide helping people find love. Katie shares her insights on manifesting love, the challenges of pivoting, and the importance of following joy in life. Whether you are facing a pivot in your own career or seeking advice on love and relationships, this episode offers valuable lessons and heartfelt conversation. Check out the Sunk Cost Fallacy episode here. In this episode Suzanne and Katie discuss: The Pivot Scene from Friends Katie's Journey: From Healing to Love Coaching Challenges and Emotions in Pivoting The Importance of Surrender and Letting Go Embracing New Opportunities and Overcoming Fear Practical Advice for Pivoting and Finding Joy Find out more about Katie here: https://www.katiehunt.ca Join Katie for a free coaching experience here: https://katiehuntco.hbportal.co/public/JoinCollective Find out more about Suzanne here: https://www.suzanneculberg.com For exclusive content, including a private solo podcast, join Suzanne's Patreon here: https://www.patreon.com/suzanneculberg Enjoy my podcast? You'll love my emails, sign up here: https://www.suzanneculberg.com/newsletter Join Networking without Schmooze with Laura & Suze, Register here - https://networkingwithoutschmooze.substack.com/ Want to be a guest on The Nope Coach podcast? Send Suzanne Culberg a message on PodMatch, here: https://www.podmatch.com/hostdetailpreview/thenopecoach A simple way to make my day – please subscribe to my YouTube channel - https://www.youtube.com/@suzanneculberg?sub_confirmation=1 The Nope coach Suzanne Culberg teaches you how to put yourself first without feeling selfish, by setting healthy boundaries and reclaiming the unapologetic badass you long to be. Contact Suzanne here: https://www.suzanneculberg.com/contact  

Struggling with the fear of leaving law behind? This week, Sarah unpacks the sunk cost fallacy—a common mental block for lawyers considering a career change. She explores why we tend to overvalue past investments and undervalue the cost of staying in an unhealthy profession. You'll also learn why leaving law doesn't mean your legal experience is wasted. If you've ever felt stuck weighing the pros and cons of walking away, this episode is for you.Download Sarah's free guide, First Steps to Leaving the Law, at formerlawyer.com/first.See show notes at formerlawyer.com/249

"I see nothing as it is now." – A Course in Miracles Workbook, Lesson 9What if our perceptions are clouded not just by the past but by assumptions and biases that prevent us from truly seeing the present?In this episode of Love & Learn, we explore Lesson 9 from A Course in Miracles Workbook, which reminds us that our minds rarely see things as they truly are. Instead, we project our past experiences and assumptions onto the present, distorting our ability to engage with reality. By practicing this lesson, we begin to release these filters and open ourselves to a clearer and more authentic perspective.Key Insights:The Challenge of Unlearning: This lesson emphasizes that confusion and resistance are natural as we begin to undo our false perceptions. Understanding isn't required at this stage—consistent practice is. Each small step helps clear away the mental clutter that obscures our ability to truly see.Perception Is Distorted by Assumptions: Our perceptions are shaped by judgments, memories, and biases, preventing us from seeing the present moment clearly. By acknowledging that we “see nothing as it is now,” we create space to recognize and release the filters that distort our view of reality.The Power of Honest Practice: The exercise for this lesson invites us to look at familiar objects and practice the mantra: “I see nothing as it is now.” This practice isn't about doubting what's in front of us but becoming aware of how our thoughts and assumptions influence what we see. Honest, non-judgmental application of this idea helps us loosen these mental projections.Overcoming the Sunk Cost FallacyThis lesson ties beautifully to the concept of the "sunk cost fallacy," which is the tendency to hold onto past investments of time, energy, or resources, even when moving forward would be more beneficial. Just as this lesson encourages us to see the present without the weight of past filters, overcoming the sunk cost fallacy invites us to release attachment to past efforts and focus on the opportunities that lie ahead.Reflection for the WeekWhere in your life are you letting past investments—of time, energy, or beliefs—hold you back from moving forward? How can you release these attachments to see your present reality more clearly and make choices that align with your true self?Remember: Our perceptions are often distorted by the past, but through honest and consistent practice, we can begin to see the world—and ourselves—with greater clarity and love.Tune in and join us as we uncover how this practice can help us create a more peaceful, present-centered life!CONNECT WITH JESSICA FLINTWebsiteInstagram

In this insightful episode we delve into one of the most pervasive cognitive biases that influences our daily decisions: the Sunk Cost Fallacy. What is the Sunk Cost Fallacy? We explore how and why people continue to pour resources into failing projects or decisions simply because they've already invested in them. This fallacy can lead to suboptimal decision-making, keeping individuals and organizations stuck in unproductive cycles. Strategies to Overcome the Sunk Cost Fallacy: Focus on Future Benefits: We discuss the importance of looking forward rather than backward, evaluating decisions based on what they can contribute moving forward. Set Clear Goals and Limits: Learn how setting predefined criteria for success can help in making rational decisions to either continue or abandon a project. Embrace Losses: We talk about the psychological challenge of accepting sunk costs and how recognizing these costs as irretrievable can liberate decision-making processes. Seek Outside Perspectives: The value of external advice is highlighted. Sometimes, an outside view can offer the clarity needed to make unbiased decisions. Reframe the Situation: Discover how rethinking your current position as a new starting point can help in detaching from past investments emotionally and financially. Join us as we unpack these strategies with real-life examples, expert insights, and practical advice. Whether you're dealing with personal projects, business ventures, or even relationships, this episode will equip you with the tools to make better decisions by avoiding the sunk cost trap. Tune in to transform the way you view commitments and investments in your life. The Overlap Podcast - Episode 149 is not just about understanding a psychological concept; it's about applying it to improve your daily life and decision-making. Don't miss this episode if you're looking to enhance your decision-making skills and break free from past investments that no longer serve you. Listen now on your favorite podcast platform!   sponsors- check them out The software that keeps our life and business together: Ninety.io  

We sit down with anesthesiologist Kolleen Dougherty as she reflects on her experience of career burnout after two decades at a Level 1 hospital. Kolleen shares the internal struggles that kept her in a job that no longer brought her joy and how fear, loyalty, and the “sunk cost fallacy” contributed to her staying longer than she should have. She opens up about her journey to making the difficult decision to leave and the relief that followed. Kolleen Dougherty is an anesthesiologist. She discusses the KevinMD article, "Why this doctor stayed stuck in a job for years and how she finally broke free." Our presenting sponsor is DAX Copilot by Microsoft. Do you spend more time on administrative tasks like clinical documentation than you do with patients? You're not alone. Clinicians report spending up to two hours on administrative tasks for each hour of patient care. Microsoft is committed to helping clinicians restore the balance with DAX Copilot, an AI-powered, voice-enabled solution that automates clinical documentation and workflows. 70 percent of physicians who use DAX Copilot say it improves their work-life balance while reducing feelings of burnout and fatigue. Patients love it too! 93 percent of patients say their physician is more personable and conversational, and 75 percent of physicians say it improves patient experiences. Help restore your work-life balance with DAX Copilot, your AI assistant for automated clinical documentation and workflows. VISIT SPONSOR → https://aka.ms/kevinmd SUBSCRIBE TO THE PODCAST → https://www.kevinmd.com/podcast RECOMMENDED BY KEVINMD → https://www.kevinmd.com/recommended GET CME FOR THIS EPISODE → https://www.kevinmd.com/cme I'm partnering with Learner+ to offer clinicians access to an AI-powered reflective portfolio that rewards CME/CE credits from meaningful reflections. Find out more: https://www.kevinmd.com/learnerplus

Are you a victim of Sunk Cost Fallacy?

It's been three weeks since last we heard from our party. Things went off the rails when some dragons showed up at the Monastery of Perpetuity. Valen dipped out with the Unillum child Soris, Thorak & Ursus went after them, and Dona & Bob jumped the following night. They ended up in vastly different parts of the plane. Luckily Dona and Bob found themselves a tavern (The Second Turtle Inn) and a Bard in Tradeshore, named Roscoe, who could send out a message to their friends. The message boiled down to “Get your asses down to Tradeshore so we can regroup and figure out what to do from here.” Over the next three weeks Thorak, Ursus, and Valen found their way down to the southern coastal city of Tradeshore. Bob, Dona, and Valen reconnect first, and while they're exploring the city they happen in a tavern called the Witty Glaive. And that is where we pick up… Theme Music "Sunk Cost Fallacy" is written and performed by The Floating Lighthouse Mixed by Thomas Lapierre III Check out the show at themedusascascade.com

Blake and David examine the evolving landscape of remote work, discussing recent trends and their impact on productivity and employee well-being. They also explore the commercial real estate market's challenges due to the shift towards remote work and its potential implications for the banking sector. Moving on, they take a look at recent audit failures, particularly the FTX case and discuss the controversial Beneficial Ownership Information reporting requirements and some potential issues for small businesses.SponsorsZoho - http://accountingpodcast.promo/zohoRelay - http://accountingpodcast.promo/relaySafeSend - http://accountingpodcast.promo/safesendinterVal - http://accountingpodcast.promo/intervalChapters(00:49) - Blake's Fitness Journey with Apple Watch (03:16) - Impact of Remote Work on Health and Productivity (06:25) - Amazon's Return to Office Policy (11:36) - CEO Perspectives on Remote Work (24:14) - Commercial Real Estate Crisis (28:07) - Accounting Standards and Bank Balance Sheets (31:25) - Listener Questions and Comments (45:06) - The Sunk Cost Fallacy in Real Estate (45:41) - The Looming Commercial Real Estate Bust (47:51) - The Role of Intangible Assets in Modern Accounting (51:24) - The CPA Journey: Is It Worth It? (52:09) - The Kenneth CPA Hack (01:01:54) - The BOI Reporting Controversy  Show NotesHow Remote Work Is Impacting Accounting Firmshttps://cpatrendlines.com/2024/09/22/how-remote-work-is-impacting-accounting-firms/ 2024 KPMG U.S. CEO Outlook Pulse Surveyhttps://kpmg.com/us/en/articles/2024/kpmg-2024-ceo-outlook-pulse-survey.html Amazon tells employees to return to office five days a weekhttps://www.cnbc.com/2024/09/16/amazon-jassy-tells-employees-to-return-to-office-five-days-a-week.html Wells Fargo employee found dead at her desk days after she last clocked into work, authorities sayhttps://www.cnn.com/2024/08/31/us/wells-fargo-employee-desk-arizona/index.html Eric Schmidt Calls Remote Work a Mistake for Google in Disappearing Videohttps://nationalcioreview.com/articles-insights/news/eric-schmidt-calls-remote-work-a-mistake-for-google-in-disappearing-video/ Audit Firm Prager Metis Settles SEC Charges for Negligence in FTX Audits and for Violating Auditor Independence Requirementshttps://www.sec.gov/newsroom/press-releases/2024-133 Beneficial Ownership Reporting Outreach and Education Toolkithttps://www.fincen.gov/boi/toolkit BOI requirements roll along despite concerns about too little outreachhttps://www.journalofaccountancy.com/news/2024/aug/boi-reporting-requirements.html Property Fraud Allegations Snowball as Commercial Real Estate Values Fallhttps://www.wsj.com/real-estate/property-fraud-allegations-snowball-as-commercial-real-estate-values-fall-492d964c Nearly a Quarter of Office Space in the U.S. Will Be Empty by 2026https://www.cpapracticeadvisor.com/2024/07/01/nearly-a-quarter-of-office-space-in-the-u-s-will-be-empty-by-2026/107376/ Big Banks are Taking Hits from Commercial Real Estatehttps://www.wsj.com/finance/banking/commercial-property-loans-real-estate-banks-249a43b9Need CPE?Get CPE for listening to podcasts with Earmark: https://earmarkcpe.comSubscribe to the Earmark Podcast: https://podcast.earmarkcpe.comGet in TouchThanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and Instagram. If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser. Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040.SponsorshipsAre you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus.Need Accounting Conference Info? Check out our new website - accountingconferences.comLimited edition shirts, stickers, and other necessitiesTeePublic Store: http://cloudacctpod.link/merchSubscribeApple Podcasts: http://cloudacctpod.link/ApplePodcastsYouTube: https://www.youtube.com/@TheAccountingPodcastSpotify: http://cloudacctpod.link/SpotifyPodchaser: http://cloudacctpod.link/podchaserStitcher: http://cloudacctpod.link/StitcherOvercast: http://cloudacctpod.link/OvercastClassifieds Forwardly - https://www.forwardly.com/Client Hub - https://clienthub.app/Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to cr...

In this episode, CJ sits down with Dr. Julie Gurner, the author behind the Substack Ultra Successful, to explore how top CEOs, CFOs, and entrepreneurs manage their ambition, goals, and self-talk. They examine if being hard on yourself necessary for success and Dr. Gurner shares helpful reframes that can be used to overcome negative self-talk. The conversation delves into the concept of “haunting agitation,” a term she uses to describe the hunger and ambition driving high performers. Building on this, she introduces the idea of empirical guardrails to keep one's ambition in check. Dr. Gurner also breaks down the difference between “motivated” individuals and those who go “all in,” explaining how full commitment can lead to exponential growth. They touch on the surprising power of seemingly “boring” and discuss what the “build in public” movement gets wrong. Lastly, they talk about the art of saying no to opportunities that, while tempting, may distract you from your core focus. Tune in for expert advice on channeling your drive toward meaningful success.If you're looking for an ERP head to NetSuite: https://netsuite.com/metrics and get a customized KPI checklist.—SPONSORS:Mercury is the fintech ambitious companies use for banking and all their financial workflows. With a powerful bank account at the center of their operations, companies can make better financial decisions and ensure that every dollar spent aligns with company priorities. That's why over 100K startups choose Mercury to confidently run all their financial operations with the precision, control, and focus they need to operate at their best. Learn more at mercury.com.Mercury is a financial technology company, not a bank. Banking services provided by Choice Financial Group and Evolve Bank & Trust®; Members FDIC. NetSuite provides financial software for all your business needs. More than 38,000 thousand companies have already upgraded to NetSuite, gaining visibility and control over their financials, inventory, HR, eCommerce, and more. If you're looking for an ERP platform ✅ NetSuite: https://netsuite.com/metrics and get a customized KPI checklist. Maxio is the only billing and financial operations platform that was purpose built for B2B SaaS. They're helping SaaS finance teams automate billing and revenue recognition, manage collections and payments, and put together investor grade reporting packages.

In this episode of the Retail Crime Intelligence Podcast, host Bobby Haskins and Rhod Thomas, Auror's Chief Customer and Commercial Officer, discuss whether companies should develop their own software or buy existing solutions. Aside from the financial cost, Rhod gives insights into what organizations must consider before deciding. Bobby and Rhod share industry examples and ways to overcome the sunk cost fallacy that leaders tend to face.  This episode explores the best time to develop in-house solutions and when it's more advantageous to collaborate or purchase from external providers. Jump into the conversation: (00:00) An introduction to the episode with guest Rhod Thomas (05:05) Auror's impact on crime prevention and safety (08:08) A decision-making process for building or buying software (16:21) How the sunk cost fallacy affects all businesses (18:42) Why you should fail fast and learn from your mistakes (23:24) The cost of building an in-house solution  (25:54) Why you should consider the pace of technological advancement  Resources: Rhod's LinkedIn: https://www.linkedin.com/in/rhodrithomasnz Bobby's LinkedIn: https://www.linkedin.com/in/bobbyhaskins/ Auror's website: https://www.auror.co/

Today, you'll learn about the part of the brain that keeps us focused on our goals - even when it would be better to quit, a massive discovery of lost wheat genes that could help feed a crowded planet, and the new wearable technology that could diagnose disease by monitoring your sweat. Sunk Cost Fallacy “The neuroscience behind the sunk cost fallacy: Key brain region identified.” by Eric W. Dolan. 2024. “Goal commitment is supported by vmPFC through selective attention.” by Eleanor Holton, et al. 2024. Wheat Genes “Hidden genetic treasure: wheat discovery could sustainably feed global population.” University of Bristol. 2024. “The A.E. Watkins landrace collection of bread wheat: Who was AE Watkins?” John Innes Centre. 2024. “Harnessing landrace diversity empowers wheat breeding.” by Shifeng Cheng, et al. 2024. Sweat Monitor “Sweat health monitor measures levels of disease markers.” by Tina Hilding. 2024. “3D-Printed Flexible Microfluidic Health Monitor for In Situ Sweat Analysis and Biomarker Detection.” by Chuchu Chen, et al. 2024. Follow Curiosity Daily on your favorite podcast app to get smarter with Calli and Nate — for free! Still curious? Get exclusive science shows, nature documentaries, and more real-life entertainment on discovery+! Go to https://discoveryplus.com/curiosity to start your 7-day free trial. discovery+ is currently only available for US subscribers. Hosted on Acast. See acast.com/privacy for more information.

Send us a Text Message.In this week's episode, Natasha and Maria talk about how the sunk cost fallacy impacts decision making and they share three concrete steps to avoid falling into that trap! Enjoy this week's conversation. To get in touch with Maria:Download the "Work Smarter, Not Harder" free workbook: restovergrind.com/save-timeBook a free consult call: restovergrind.com/work-with-me Email: info@restovergrind.comInstagram and TikTok: @rest_over_grindTo get in touch with Natasha: Instagram: @natashatekeste Website: natashatekeste.com

The sunk cost fallacy is a cognitive bias where individuals or businesses continue investing in a project due to past investments, despite current costs outweighing the benefits. This bias often leads to irrational decision-making, influenced by factors such as loss aversion and emotional attachment. Understanding and recognizing the sunk cost fallacy can help improve decision-making by focusing on future costs and benefits rather than irrecoverable past expenses. Today's Stocks & Topics: WHD - Cactus Inc. Cl A, Market Wrap, UBER - Uber Technologies Inc., CIVI - Civitas Resources Inc., Sunk Cost Fallacy: How It Impacts Your Investment Decisions, CSIQ - Canadian Solar Inc., ALV - Autoliv Inc., The VIX, OPEC, INTC - Intel Corp., VOOG - Vanguard S&P 500 Growth ETF, QQQM - Invesco NASDAQ 100 ETF, CVX - Chevron Corp., SBUX - Starbucks Corp., Hedge Funds.Our Sponsors:* Check out eBay Auto: www.ebay.comAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

Today I'm exploring the sunk cost fallacy. Tune in to gain insights into its origins, real-life impact, and strategies to overcome it. You'll definitely recognize a time when you've experienced it, or maybe you're experiencing it right now! Discover how reframing your thinking and seeking external perspectives can empower wiser decision-making.  ASCEND is open for enrollment! If you are curious about it, please send Kelly a DM or an email to learn more. Enrollment closes August 15th. Episode Links: Ascend Kelly on Instagram Website Email Kelly: support@kellytravis.net

I'm so excited for this topic, because today we're looking at Cognitive Biases.This is how our brains can trick us into certain beliefs and behaviours. Learn about things like the Sunk Cost Fallacy, Loss Aversion,  Confirmation Bias, and more!We'll be talking about examples of how these things can affect our views and beliefs, as well as how you can use these to become better English learners.Share your views and comments on the show notes page below! If I get good feedback, I'd love to make a Part 2 in the future. Show notes page - https://levelupenglish.school/podcast281Sign Up for Free Lessons - https://www.levelupenglish.school/#freelessonsJoin Level Up English - https://courses.levelupenglish.schoolBy becoming a member, you can access all podcast transcripts, listen to the private podcast and join live lessons and courses on the website.

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 3193: Dive into the psychology of financial and personal decisions with Paula Pant's insightful exploration of the sunk cost fallacy. Discover why people continue investing time, money, and effort into lost causes, and how recognizing this cognitive bias can lead to more rational choices and better life outcomes. Read along with the original article(s) here: https://affordanything.com/sunk-cost-fallacy/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Tune into an enlightening episode where Ethan and Jared Thomas, the dynamic duo of Brothers Creed Podcast, explore the powerful concept of "Carpe Diem" or "Seize the Day". They discuss the significance of cherishing and plucking each day when it's ripe, and dig into the profound ties of this principle with "Memento Mori", a Latin phrase reminding us of our mortality and life's fleeting nature. With engaging and thoughtful conversation, this episode affirms the necessity to live in the 'now' in a world obsessed with the past and the future. It examines common cognitive fallacies such as sunk cost and arrival fallacy that often distort rational thinking and foster unrealistic expectations. This is an episode for anyone who yearns to grasp the art of being fully present in each precious moment of life. The discussion deepens as the Thomas brothers identify prevalent happiness fallacies that can hinder us from experiencing joy in the present moment, including the Sunk Cost Fallacy and the Arrival Fallacy. These narratives from various life stages and personal experiences provide profound insight into the treasures and traps of truly living in the moment. Delving into the complex world of time perspectives, the hosts underscore the value of appreciating the present without letting past disappointments or future uncertainties cloud our perspective. They inspire listeners with anecdotes and quotes by luminaries such as Benjamin Franklin and Muhammad Ali, sharing how each day is an opportunity to make a meaningful impact. In this heartfelt and thought-provoking episode, learn to navigate the delicate balance between reminiscing about the past, planning for the future, and soaking in the present. It's a call to seize the fleeting moments of life and enrich the journey of self-discovery and growth. Make every day count with the Brothers Creed Podcast. For more from us follow us on these platforms:  Follow us on Instagram @a.brothers.creed Follow us on YouTube Follow us on TikTok @a.brothers.creed

Have you heard of the logical mistake people get tripped up known as the sunk cost fallacy? Odds are, you allow this thinking error to influence your life more than you think. The games our mind can play with us are abundant to begin with in the world of trading and investing. Sprinkle on the day to day mind games such as the sunk cost fallacy and I don't blame you if smoke begins to pour out of your ears! It's annoying no doubt, but the biggest problem I would argue is the lack of knowledge of its existence. Once you are aware of these thinking errors, you can be much better prepared to handle them. In my hears of coaching traders I've lost count of the number of times I've seen the sunk cost fallacy create unneeded issues for people. Let's talk a bit more in-depth about it so you are aware and prepared to fight off this logical fallacy when it comes knocking on your door.

With perfect timing after yesterday's show - the MSM has picked up the narrative that Russia is in the middle of influencing a 3rd US Election. The Cry Bullies have again attacked @LibsOfTikTok creator Chaya Raichik, this time over a child's death in Oklahoma. Lastly, we talk about the Sunk Cost Fallacy as it relates to yesterday's discussion of the "Illusory Truth Effect." ____________________________________________________ Today's podcast supported by https://CatholicVote.Org (Get in The LOOP) Use PROMO CODE "KYLE" at these sites: https://contingencymedical.com/ (Emergency Antibiotic Kit!) https://4Patriots.com/KYLE (Survival foods) http://The-Suspendables.com (Show Merch) http://PatriotCoolers.com/ (Tumblers & Coolers) http://MyPillow.com/Kyle (Pillows/Towels/Bedding)

"The Sunk Cost Fallacy" - Why some people stay in toxic relationships with narcissists Welcome my channel! If this is your first time seeing my face or hearing my voice, my name is Lee and I am a self aware narcissist. I have narcissistic personality disorder ( NPD ) and I've been in therapy for my personality disorder since 2017 and it has definitely changed my life because without it, I would have lost everything. The point of these videos is to help bring awareness from the other side of the narcissistic *buse spectrum. All my videos give perspective on why many narcissists do what they do and the possible different reasons behind them. The victims and survivors get validation and the Narcissists (those that are willing) get to see that you can get help and that you are not alone. Website - ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠www.mentalhealness.net⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ 1 on 1's and all my links - ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://beacons.page/mentalhealness⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Weekly Newsletter - ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠subscribepage.io/mentalhealness⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Cameo Motivation -⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ https://www.cameo.com/mentalhealness⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Self Love Journal - ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://a.co/d/70L3zKb⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Remember, It's not your fault - ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://a.co/d/2WNtdKJ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Thank you so much and lets HEAL together --- Send in a voice message: https://podcasters.spotify.com/pod/show/mentalhealness/message Support this podcast: https://podcasters.spotify.com/pod/show/mentalhealness/support

[Original air date: November 8, 2018]. Peter Attia, M.D., and founder of Attia Medical, PC, sits down with Tom to discuss what changes everyone should make in their life in order to build and extend the best quality of your physical and emotional durability as you age. Show Notes Preserving health and extending physical longevity [0:47] Loading muscle vs. loading joints [2:20] Adapting your exercise to risk probability [9:28] The VO2 max threshold [11:45] Fast vs. slow orthopedic injuries that kill people [14:58] The substantial risks of join overload [16:50] Investing in health over money [26:39] Being cautious on teaching kids how to eat [28:36] The Sunk Cost Fallacy [31:12] Using insecurities as a mechanism to drive you [34:40] Exercise, Sleep, Nutrition, Management of Distress [46:28] Follow Peter Attia WEBSITE: https://bit.ly/2qzsaFZ INSTAGRAM: https://bit.ly/2FaU9Wn SPONSOR: Go to https://bit.ly/ZbioticsImpact to get 15% off your first order when you use IMPACT at checkout. FOLLOW TOM: Tom's Instagram: https://www.instagram.com/tombilyeu/ Impact Theory Instagram: https://www.instagram.com/impacttheory/ Tik Tok: https://www.tiktok.com/@tombilyeu?lang=en Tom's Twitter: https://twitter.com/tombilyeu Impact Theory Twitter: https://twitter.com/impact_theory?lang=en YouTube: https://www.youtube.com/@TomBilyeu Tom's Facebook: https://www.facebook.com/tombilyeu/ Impact Theory's Facebook: https://www.facebook.com/ImpactTheoryOfficial/ Learn more about your ad choices. Visit megaphone.fm/adchoices