Podcasts about sunk cost fallacy

Have you ever had a single win that completely changed how you looked at yourself? In this episode, Gino Barbaro (co-founder of Jake and Gino and Barbaro 360) breaks down the subconscious psychological traps that sabotage real estate investors and entrepreneurs from building a successful business. Drawing from his early investing days—including a first deal that felt like a home run but was fueled by pure luck—Gino highlights three destructive behaviors we all face and provides a concrete, 4-step framework to fight back against them.

Have you ever wondered why we repeatedly make irrational decisions without realizing it? In this summary of The Art of Thinking Clearly by Rolf Dobelli, we dive into the hidden cognitive biases and psychological traps that secretly sabotage our choices.From the "Sunk Cost Fallacy" and "Confirmation Bias" to "Social Proof" and the "Illusion of Control", Dobelli exposes the systematic deviations from optimal, rational thought that humans stumble over generation after generation. Watch to learn how to recognize these predictable thinking errors, protect yourself from irrationality, and make much smarter decisions in your personal life, business, and investments.#tags #TheArtOfThinkingClearly #RolfDobelli #CognitiveBiases #DecisionMaking #Psychology #CriticalThinking #BookSummary #SelfImprovement #MentalModels #BehavioralEconomics #Rationality

Your brain makes 35,000 decisions a day — and 95% happen without your conscious awareness. In this episode, Dr. Jeff Bogaczyk sits down with Davis Carbo, creator of the Unbiased series and author of Unbiased: 50 Cognitive Biases That Shape How You Think, Decide, and See the World, to break down the hidden mental shortcuts driving your decisions. Davis brings a rare perspective — seven years in door-to-door sales gave him a ground-level education in how people actually make decisions, later backed by a degree in human learning and development. You'll learn what cognitive biases actually are, how the Framing Effect shapes everything from grocery labels to political rhetoric, why the Availability Bias kept Americans off beaches after Jaws, how the Halo Effect predicts election winners 70% of the time, and why the Sunk Cost Fallacy keeps people trapped long after they should have walked away. Find Davis at @DavisCarbo on TikTok and Instagram, grab the book on Amazon, and subscribe to his weekly newsletter at unbiasednewsletter.com.

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Chad Hyams and Bob Stewart delve into the often-overlooked pitfalls of consistency, exploring how it can hinder growth if not calibrated correctly. They discuss the dangers of sticking with unproductive routines due to ego, sunk cost fallacies, and identity attachment, while emphasizing the importance of feedback and adjustment for achieving desired results. Using real-life examples from sports figures like Kobe Bryant and industry insights, the hosts guide listeners on how to evaluate their consistent efforts and ensure they align with their success goals. Tune in to discover how to harness consistency effectively without letting it become a setback. ---------- Connect with the hosts: •    Ben Kinney: https://www.BenKinney.com/ •    Bob Stewart: https://www.linkedin.com/in/activebob •    Chad Hyams: https://ChadHyams.com/ •    Book one of our co-hosts for your next event: https://WinMakeGive.com/speakers/   More ways to connect: •    Join our Facebook group at www.facebook.com/groups/winmakegive •     Sign up for our weekly newsletter: https://WinMakeGive.com/sign-up •     Explore the Win Make Give Podcast Network: https://WinMakeGive.com/ Part of the Win Make Give Podcast Network   00:00 Spring Break Adventures and Border Pranks 03:31 The Dangers of Consistency Without Direction0 9:15 Perfect Practice and Marathon Training Techniques 11:50 Consistency Versus Calibration in Achieving Effective Results 15:44 Michael and Kobe's Work Ethic and Adaptability in Basketball 18:18 The Evolution of Movie Rentals from Blockbuster to Netflix 19:49 Overcoming Ego and Sunk Cost Fallacy for Better Decisions 23:30 Identity, Change, and the False Grit Culture 25:47 The Importance of Consistency and Adaptation in Achieving Success

Solo podcast on mimesis, projection, sunk cost fallacy, negativity bias and cognitive dissonance.    This is a two-part episode. I will continue with it next week.    Timestamps (may vary by 2-4 minutes based on your podcast platform)   00:58 Navigating Psychological Terms for Personal Growth 13:27 Understanding Mimesis and Its Impact 23:24 The Power of Projection in Relationships 23:24 Breaking Free from the Sunk Cost Fallacy 30:34 Understanding Negativity Bias and Its Impact 34:17 Fueling Your Journey: Anxiety vs. Gratitude 38:47 Cognitive Dissonance: The Stories We Tell Ourselves 42:58 Determining Alignment: When to Persist or Pivot   6-month business mentorship:  https://briankeanefitness.com/mentorship-and-business-coaching   The Circle:  https://briankeanefitness.com/online-mastermind  

#274: Chris walks through the complete history of points and miles and breaks down the $140 billion machine behind them, so you can get more out of every point you earn. He covers the legal accidents that made credit cards wildly profitable, why loyalty programs are worth more than the airlines, the psychology behind why you keep hoarding points, and more.  Link to Full Show Notes: https://chrishutchins.com/history-of-points-and-miles Partner Deals Storyworth: Share your mother's stories in a custom book (+ up to $20 off) Fabric: ⁠Affordable term life insurance for you and your family Gelt: ⁠Skip the waitlist on personalized tax guidance to maximize your wealth Thrive Market: ⁠30% off your first order of organic groceries + a free $60 gift DeleteMe: ⁠20% off removing your personal info from the web For all the deals, discounts and promo codes from our partners, go to: ⁠chrishutchins.com/deals Resources Mentioned Movie:  The Man From The Diners Club Book: Mileage Maniac by Steve Belkin Video: How Airlines Quietly Became Banks Articles Credit-card cash reshapes US airline loyalty — and profit by Reuters Interview with Matty Simmons by The Saturday Evening Post Who Pays For Your Rewards? Redistribution in the Credit Card Market by Agarwal, Presbitero, Silva, and Wix ATH Podcast Best Cards Page AMA: Submit A Question Leave a review: Apple Podcasts | Spotify Email for questions, hacks, deals, and feedback: podcast@chrishutchins.com Full Show Notes (00:00) Introduction (00:53) The Very Beginning of Points & Miles (04:07) How Credit Cards Came to Exist (08:24) The Legal Accident that Made Credit Cards Profitable (15:50) The History of Rewards (19:06) The Story of Air Pass (23:20) The First Airline Co-branded Credit Cards (25:21) How the Credit Card System Works Between Different Banks (29:38) How the Airline Rewards System Works (35:32) Airline Rewards Grade Devaluations (37:31) Examples of Rare Airline Reward Point Opportunities (39:33) The Endowed Progress Effect (40:38) The Goal Gradient Effect and Chasing Airline Rewards (41:09) The Sunk Cost Fallacy (41:47) The Separate Mental Accounts Effect (42:46) Quick Summary of the History of Miles & Points Connect with Chris ⁠⁠Newsletter⁠⁠ | ⁠Membership⁠⁠ | ⁠X⁠⁠ | ⁠Instagram⁠⁠ | ⁠LinkedIn⁠⁠ Editor's Note: The content on this page is accurate as of the posting date; however, some of our partner offers may have expired. Opinions expressed here are the author's alone, not those of any bank, credit card issuer, hotel, airline, or other entity. This content has not been reviewed, approved or otherwise endorsed by any of the entities included within the post. Learn more about your ad choices. Visit megaphone.fm/adchoices

Why do we keep working on something long past the point where we should have stopped? Join Construx's Earl Beede, Steve Tockey and Mark Griffin as they Inspect & Adapt the various ways we trick ourselves into thinking, “Well, we already spent this much time or money; we can't afford to lose that!” Find out how much the sunk cost fallacy is costing you.

Welcome to Status Check! 2 Best Friends talk about life and gaming, this episode revolves around the ball and gun players and their insistence that games are dead as well as games that need a clear mission statement.Back of The Rack is a podcast about games lost in the Bargain bins. The games you didn't know existed, or the games you don't want to remember. Catch us every episode right here for more.Watch the video version of this cast with gameplay footage and extended discussion at:https://youtu.be/GtOtiZhG7qAJoin the Back of the Rack Discord!⁠https://discord.gg/ZzPmVY2a9K⁠Wanna catch us on the go? Listen to us on Apple Podcast, Spotify, and Pretty Much Every Podcast Streaming site.---------------------------Bendezzertwitter:⁠ https://twitter.com/bendezzer⁠youtube:⁠https://www.youtube.com/channel/UCuPQmPGW_kP4CozArTh974w⁠Sonditwitter:⁠ https://twitter.com/sondiame⁠youtube:⁠ https://www.youtube.com/sondi⁠

Die bekannten URLs (Webinar, Social Links) setze ich aus den vorherigen Sitzungen ein – keine neuen abgeschnittenen Links dabei. Im Internet macht sich ein Typ von Werbung breit, der sich völlig vom Produkt abgelöst hat. Dummerweise gelten die gleichen Prinzipien auch für politische Parteien: selektives De-Marketing, Vorschussbetrug und die Sunk-Cost-Fallacy. Danach wissen Sie, warum Parteien nach der Wahl das Gegenteil dessen tun, was sie vorher versprochen haben. Webinar spieltheoretisches Verhandeln: https://www.rieck-verlag.de/verhandlungsinfo Weitere Informationen von Team Rieck: Glaubwürdigkeitsparadoxon der Inkompetenz: Unrealistische Versprechen dienen als Selektionsmethode. Wer trotz offensichtlicher Mängel folgt, beweist maximale Bindungsintensität – die Partei filtert Kritiker aus und isoliert einen blind mobilisierbaren Kern. Reputationsabbau: Dieses Vorgehen optimiert den kurzfristigen Stimmenanteil, zerstört aber langfristiges Vertrauen und verbrennt strategisches Markenkapital. Wähler investieren Zeit und Reputation (Sunk Costs) – wenn die Realpolitik nach der Wahl divergiert, verhindert die psychologische Konsistenzfalle den sofortigen Absprung, genau wie bei einer digitalen Abofalle. Systemische Markterosion: Wenn alle Akteure auf Ad-Fraud-Taktiken umstellen, verdrängen sie seriöse Anbieter und es folgt der Kollaps des Vertrauens in den Marktmechanismus Demokratie. Haftungsausschluss: Dies ist ein Bildungskanal, kein Finanz-, Recht- oder Medizinkanal. Der Inhalt dient ausschließlich zur allgemeinen Information und ist kein finanzieller, juristischer oder medizinischer Rat. Informieren Sie sich stets aus mehreren unabhängigen Quellen und suchen Sie professionellen Rat für Ihre Entscheidungen, insbesondere bei Investments. Die geäußerten Meinungen stellen keine Aufforderung zum Kauf oder Verkauf von Vermögenswerten dar und sind keine Aufforderung zur Selbsttherapie oder Selbstdiagnose. Bitte nehmen Sie diese Hinweise ernst. Instagram: https://www.instagram.com/profrieck | X/Twitter: https://x.com/ProfRieck | LinkedIn: https://www.linkedin.com/in/profrieck

Have you ever realized, halfway through a unit or a school week, that you're heading in the wrong direction? The text isn't landing, the engagement is dipping, and the "vibe" feels off—but you keep going anyway because you've already invested so much time?In this episode, we are tackling the Sunk Cost Fallacy in education. We explore why our brains resist change (the Psychology of Change) and why a pivot isn't a sign of failure—it's a sign of a leader who is actually listening to their students. I'm giving you the professional and emotional green light to surrender the "perfect plan" for the perfectly timed intervention.What You'll Learn in This Episode:The Sunk Cost Fallacy: Why we stay on the wrong path just because we "already started," and how to break that cycle.The Psychology of Change: A brief look at why our brains crave the predictable and how to navigate the friction of growth.Aligning Your Pivot with Your Purpose: How to use your "word of the year" to ensure your shifts are purposeful, not just reactive.Data-Driven Pivots: How to use the Student Connection Profile Tool as your "receipt" to justify instructional changes to your administration.The Coaching Corner:In this week's segment, we use our foundational tools to ensure our pivot is grounded in student brilliance:Instructional Anchor Questions:Self: Is this pivot making things "easier" for me, or more "accessible and rigorous" for my students?Peers: How will this shift allow my students to better see and support one another's brilliance?World: Does this new direction better prepare them for the challenges of the world?The AAA Reflection Framework:Awareness: Where am I currently feeling the most "friction"? Is it a signal to pivot?Acceptance or Rejection: Can I reject the guilt of "starting over" and accept that my students need a different path right now?Action: Use your Student Connection Profile Tool to identify one specific shift for tomorrow's lesson.Implementation Intention:"This week, I will identify one lesson where the 'vibe' feels off and I will give myself permission to pivot the task in the moment."

The career freeze isn't laziness or lack of ambition, it'sa cascade of identifiable psychological phenomena. Crucially, staying put can be a smart strategy, IF you're using the stillness to prepare, practice, and position.Last week:  The Sunk Cost Fallacy was about the baggage we carry from the past. https://open.spotify.com/episode/36sO6UpEgIuz9JdTW6jhRK?si=eqvHy5ztSLq0Tq7AEAtf8QThis episode is about the invisible force keeping us frozen in the present and how to start moving again, even if only internally.

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:

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.

Join the Heavy Metal Money Mosh Pit! The Extreme Personal Finance Community! https://moshpit.heavymetal.money/Get your FREE Fast Track to Financial Freedom Guide! https://moshpit.heavymetal.money/What Heavy Metal Teaches Us About Financial SurvivalIn this solo episode of The Extreme Personal Finance Show, Chris from Heavy Metal Money breaks down the unspoken rules of the mosh pit and translates them into real-world personal finance principles that can help you survive, build wealth, and avoid painful financial mistakes.From not rushing in before you understand the rhythm, to picking people up when they fall, to knowing when it's time to tap out, these 8 Heavy Metal Money rules of personal finance are about discipline, awareness, community, and protecting your downside.This episode is about:Why ego destroys portfoliosHow community spreads financial literacyWhen cutting losses is actually a power moveWhy taxes, inflation, and cash flow are the “laws of money physics”How preparation turns panic into patienceAnd why money is just an amplifier for the life you actually want to liveDon't be overwhelmed by investing noise, or stuck feeling like you're one bad decision away from getting wrecked, this episode will help you learn the rhythm, respect the pit, and build wealth on your own terms.Keep your horns up, protect your downside, and move forward with purpose.Subscribe to Heavy Metal Money and The Extreme Personal Finance Show wherever you listen to podcastsContact Chris:https://heavymetal.moneyhttps://www.facebook.com/MoneyHeavyMetalhttps://x.com/MoneyHeavyMetalhttps://www.instagram.com/chrislugerhttps://www.tiktok.com/@heavymetalmoneyemail: chris at heavymetal.moneyResources and Links:Mosh pit rules are important to know if you're taking the plunge this music festival seasonhttps://www.abc.net.au/news/2017-12-27/mosh-pit-etiquette-stay-safe-and-have-fun/9268764Mosh Pit Rules for Money: What Heavy Metal Teaches Us About Financial Survivalhttps://heavymetal.money/moshpitrules/The “Boring” Investing, Low-Fee Index Funds Strategy That Quietly Winshttps://heavymetal.money/low-fee-index-funds/Understanding the Sunk Cost Fallacy, And How to Avoid Ithttps://heavymetal.money/sunkcost/Real Estate Investing. Is It For Everyone?https://heavymetal.money/real-estate-investing-is-it-for-everyone/Stacked and Loaded with Joe Saul-Sehy, let's Build a Badass Financial Lifehttps://youtu.be/v7te5MTreLw?si=MI7p3g1_S0s84H-q

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

Justin and Dan are back in the Wings 94.3 studio after a week off for the holidays, and they change it up by talking some Auburn football before diving into football. Topics for this episode include:* note: this episode was recorded before the Connor Lew news* the latest outgoing portal movement for Auburn football* Auburn's changing NIL and revenue-sharing approach* how the Xavier Atkins retention is feeling bigger by the week* increased optimism of Cam Coleman's return to the Plains* the Sunk Cost Fallacy and South Carolina* why Auburn fans shouldn't freak out too much right now* Tahaad Pettiford and KeShawn Murphy's positive injury news* the real challenge of facing Queens' offense on Monday night* the real opportunity in facing Queens' defense on Monday night* setting the tone in the final non-conference game before going to Georgia* The Auburn Observer's plans for 2026* Justin accidentally going viral with a tweet about his mother-in-law* Dan's review of Marty Supreme* not The Queens of the Stone Age song you were expecting (or maybe it was)If you're receiving this free podcast episode and would like to upgrade to a paid subscription that gives you access to all stories and premium podcast episodes, subscribe using the button below or clicking this link.Follow Dan (@dnpck) and Justin (@JFergusonAU) on Twitter. This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.auburnobserver.com/subscribe

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!

Think you konw what you're doing with you money on your mind? Think again. You walk into a cinema and buy the $12 large popcorn because the medium is $10. You think you got a deal, but you actually just fell for the "Decoy Effect."Your brain is wired to latch onto the first number it sees. In this episode, I break down the psychological pricing traps that businesses use to hack your wallet. We also cover why Sir Isaac Newton lost his fortune to the Sunk Cost Fallacy and why having more information actually makes you a worse investor. It's not about being smart; it's about understanding the system. Key Takeaways: "Consider the Opposite" strategy: Mentally flip the price anchor to neutralize the urge to buy. Spot the Decoy: Identify products that exist solely to make expensive options look cheap. The 5-Point Rule: Stop researching after five data points to avoid the Information Bias trap. Listen now to stop your brain from leaking money on deals that aren't real. SPONSORS

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

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 2812: Tonya Lester explores the deeply personal and often painful dilemma of knowing when to leave a relationship, offering thoughtful questions that prompt self-reflection rather than black-and-white answers. Her compassionate yet direct framework helps listeners distinguish between temporary discomfort and long-term incompatibility, empowering them to recognize whether staying is costing them more than leaving ever would. Read along with the original article(s) here: https://www.tonyalester.com/blog/when-is-it-time-to-leave-a-relationship Quotes to ponder: "Conflict is healthy and productive: Only people who have no boundaries are never angry." "If you try to edit away who you truly are just to be the person your partner wants, you'll slowly lose those parts of yourself." "Staying in an unhappy situation because you've already stayed in it so long is a terrible reason for sticking it out even longer." Episode references: The Sunk Cost Fallacy: https://www.behavioraleconomics.com/resources/mini-encyclopedia-of-be/sunk-cost-fallacy

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 2812: Tonya Lester explores the deeply personal and often painful dilemma of knowing when to leave a relationship, offering thoughtful questions that prompt self-reflection rather than black-and-white answers. Her compassionate yet direct framework helps listeners distinguish between temporary discomfort and long-term incompatibility, empowering them to recognize whether staying is costing them more than leaving ever would. Read along with the original article(s) here: https://www.tonyalester.com/blog/when-is-it-time-to-leave-a-relationship Quotes to ponder: "Conflict is healthy and productive: Only people who have no boundaries are never angry." "If you try to edit away who you truly are just to be the person your partner wants, you'll slowly lose those parts of yourself." "Staying in an unhappy situation because you've already stayed in it so long is a terrible reason for sticking it out even longer." Episode references: The Sunk Cost Fallacy: https://www.behavioraleconomics.com/resources/mini-encyclopedia-of-be/sunk-cost-fallacy Learn more about your ad choices. Visit megaphone.fm/adchoices

Sunk Cost Fallacy, Verlust-Aversion oder Confirmation Bias: Das menschliche Gehirn hat Mechanismen, denen man nur schwer entkommt. Wegen ihnen schaut man die letzten vier Folgen einer Serie fertig, obwohl sie einen längst nicht mehr interessiert, kündigt längst ungenutzte Abos nicht und trifft auch finanziell ziemlich üble Entscheidungen. Wie neun Millionen Fußballteamchefs wissen, leidet die breite Masse bei vielen Themen an gnadenloser Selbstüberschätzung – so denken etwa 90 Prozent aller Autofahrer, überdurchschnittlich gut zu fahren. Und spätestens im Nachhinein bilden wir uns zuverlässig ein, alles schon vorher gewusst zu haben. Es sind völlig unschuldige und stets unbewusste Effekte, die uns in weiterer Folge aber viel Zeit, Energie und Geld kosten können. Genauso wie unsere Anfälligkeit für "Anchoring", das uns tagtäglich zu Kaufentscheidungen verleiten soll. Die neue Folge von "Besser leben" dreht sich um zehn Denkfehler, die im Vergleich zu den komplexeren Biases der vorletzten Folge nun etwas leichter verdaulich sind – und darum, wie wir ihnen auf die Schliche kommen und uns gegen sie immunisieren.

The Tangle-Tamer: When to Stop Inventing!

Send us a textCan your most meaningful work begin after 50? Executive and leadership coach Dr. Sanaz Solomon proves it can.In this kickoff episode of the BoldTimers {https://www.linkedin.com/company/boldtimers/} collaboration, we unpack:Surviving vs. Thriving (02:43): How to move from routine survival to living with energy and purpose.Leaving a Stable Career for Meaning (03:28): Why Dr. Solomon walked away from a 20-year career to realign with her values.The Sunk Cost Fallacy (04:54): How “settling” can quietly hold you back—and how to release what no longer fits.Naming Fear and Moving Through It (10:00): Practical ways to separate self-doubt from fear of judgment and move forward anyway.Ageism, Judgment, and Self-Worth (12:40): How to reframe experience as a superpower, not a setback.If you're ready to pivot toward work that feels meaningful—whether consulting, coaching, or launching a mission-driven venture—this episode offers a roadmap for reinvention rooted in courage, experience, and self-trust.Your second act starts with one honest step.Support the show Watch: Unarmored Talk Playlist Mario's Socials: Parade Deck Support My Nonprofit: Still Serving, Inc. Email: host@unarmoredtalk.com

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.

There's a story about how to catch a monkey. You place its favorite treat in a box with a small hole. The monkey can slide its open hand in, but once it clenches its fist around the treat, it can't pull its hand out. The monkey is trapped—not by the box, but by its own refusal to let go. In a recent episode of the Personal Mastery Training podcast, hosts Alvin Brown and Dr. Charlie Cartwright use this powerful metaphor to explain the Sunk Cost Fallacy: the psychological trap that keeps us invested in failing relationships, dead-end jobs, and bad decisions long after we should have walked away. Key Highlights from the Discussion The Sunk Cost Fallacy Explained: Whether it's being "pot committed" in a poker game or holding onto a stock as it plummets to zero, the logic is the same: "I've already invested so much, I can't quit now." This irrational thinking traps us into throwing good money (or time, or energy) after bad. Why We Stay: The Comfort of Dysfunction: We often cling to negative situations because they are familiar. The human brain is wired to prefer the certainty of a known misery over the scary uncertainty of a new path. We get comfortable in our discomfort. You Don't Know What You're Missing: You often cannot see how much a toxic environment is suppressing your potential until you're finally out of it. The very skills being criticized where you are now could be the exact skills that make you thrive somewhere else. The Art of Letting Go: The hosts shared the story of Buddhist monks who spend hours creating beautiful sand mandalas only to sweep them away upon completion. This teaches a vital lesson: growth requires non-attachment and the courage to release past efforts to make way for the future. How to Escape the Trap: Take an Honest Inventory: Make a list of the pros and cons of staying versus leaving. Is the familiar pain worth the missed opportunity for growth? Bet on Yourself: A bird on a branch doesn't trust the branch; it trusts its own wings. Are you willing to bet on your ability to fly? Weigh the Price vs. the Promise: The promise of freedom and passion comes at a price: uncertainty and turbulence. Decide if the reward is worth the risk. The Takeaway Look at your life. Where are you the monkey with its fist stuck in the box? What "treat" from the past are you refusing to let go of, even though it's keeping you trapped? The first step to freedom is recognizing that the cage door is open. All you have to do is unclench your fist and walk away.

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

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

Dan Gray is the Head of Insights at Equidam.If you're a tech and investing nerd like us, you'll love this conversation. We cover everything Dan's learned reading dozens of academic research papers on startups and venture capital, debunking many popular narratives of the industry.We talk about the dangers of pre-mature startup scaling, the importance of origination stage investing, the concept of startup catering and why so many startups look the same, and the role of mega funds play in the ecosystem.We also discuss what the data says about concentration vs diversification, what VC's get wrong about pattern matching, and why pivoting is more valuable than you thinkThanks to Ramp for supporting this episode. It's the corporate card and expense management platform used by over 40,000 companies, like Shopify, CBRE and Stripe. Time is money. Save both with Ramp. Get $250 for signing-up here: https://ramp.com/ThePeelTry Harmonic - The startup discovery engine https://harmonic.ai/turnerTimestamps:(6:43) What's the required rate of return in VC?(9:29) Venture capital needs new definitions(16:10) QSBS(18:23) Are we in an AI bubble?(24:07) Re-branding early and late stage venture(28:25) We need more origination stage capital(40:05) Survivorship bias in emerging manager outperformance(42:57) Incentives driving larger fund sizes(48:10) Raising overvalued rounds re-risks a startup(52:08) Startup catering: why all startups look alike(58:42) Are VC mega funds still an experiment?(1:08:06) Late stage VC is competing with PE(1:13:42) a16z's Fund 1 strategy(1:18:18) How diversified should VC funds be?(1:25:06) Performance of Generalist vs Specialist firms(1:30:35) How to value a startup(1:40:58) Why VC firm location correlates to returns, but startup location does not(1:44:05) Founder background doesn't predict success(1:48:27) Startups with one pivot are most successful(1:50:24) Premature scaling kills 70% of startups(1:54:47) Does mega fund model work for origination investing?(1:56:15) Value of Twitter and writing onlineReferenced Research PapersVenture Predation: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4437360Process Alpha: https://angelspan.com/process-alpha-how-to-construct-and-manage-optimized-venture-portfolios-joe-milam-journal-of-portfolio-management-august-2022/The Sunk Cost Fallacy in VC: https://www.sciencedirect.com/science/article/pii/S0929119924000518Predictably Bad Investments in VC: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4135861Startup Catering to Venture Capitalists: https://afajof.org/management/viewp.php?n=58968Premature Scaling: https://innovationfootprints.com/wp-content/uploads/2015/07/startup-genome-report-extra-on-premature-scaling.pdfReferenced BooksThe Otherland Tetrology: https://www.goodreads.com/series/43762-otherlandPermutation City: https://www.goodreads.com/book/show/156784.Permutation_City?from_search=true&from_srp=true&qid=lf7FuUR9se&rank=1Necromancer: https://www.goodreads.com/book/show/6088007-neuromancer?ref=nav_sb_ss_1_29Other Referenced ItemsQSBS changes: https://www.dwt.com/blogs/startup-law-blog/2025/07/qsbs-big-beautiful-bill-tax-code-upgradesMega funds and the great re-risking: https://nextview.vc/blog/megafunds-and-the-great-re-risking/Rex Woodbury's post on hot companies: https://www.digitalnative.tech/p/the-taxi-cab-theory-of-venture-capitalThe VC Performance Paradox: https://www.linkedin.com/pulse/performance-paradox-venture-capital-dan-gray-2fqrePrior episodes mentionedDan Feder: https://youtu.be/_Ou6D9PLSBIMichael Dempsey: https://youtu.be/UzSbG6DL8CMSolugen: https://youtu.be/ofkNiB2nI3QFollow DanTwitter: https://x.com/credistickBlog: https://credistick.comFollow TurnerTwitter: https://twitter.com/TurnerNovakLinkedIn: https://www.linkedin.com/in/turnernovakSubscribe to my newsletter to get every episode + the transcript in your inbox every week: https://www.thespl.it/

Is your brain secretly sabotaging your decisions? Cognitive biases like Confirmation Bias and the Sunk Cost Fallacy affect us all, leading to flawed logic and bad outcomes. But you don't have to be a victim of your own mind. It's time for a mental workout. Our new article, "Debiasing Your Day," walks you through 5 powerful, practical exercises to sharpen your thinking: The Pre-Mortem: A brilliant trick to find a plan's fatal flaws before you start. The Designated Dissenter: The ultimate weapon against unproductive Groupthink. Prospective Hindsight: How to talk to your future self to escape bad investments of time and money. Considering the Opposite: A simple technique to break free from your own echo chamber. The Information Diet: How to consciously curate your media to see the world more clearly. Stop just reading about biases and start fighting them. Which exercise will you try first? Read the full guide and start your mental workout now! https://englishpluspodcast.com/5-mental-exercises-to-defeat-cognitive-bias-and-make-smarter-decisions/ #CognitiveBias #DecisionMaking #CriticalThinking #Psychology #Productivity #MentalModels #SelfImprovement To unlock full access to all our episodes, consider becoming a premium subscriber on Apple Podcasts or Patreon. And don't forget to visit englishpluspodcast.com for even more content, including articles, in-depth studies, and our brand-new audio series and courses now available in our Patreon Shop!

EU-USA-Handelsabkommen mit 15% Zöllen, Führungsumbau bei Aleph Alpha, Amazons Werbe-Rückzug, ein $6000 Humanoid von Unitree und der größte KI-Exit Europas bestimmen diese Episode. Weitere Themen reichen von n8n / Acast über KI-gestützte Deregulierung bis zu Microsoft Teams im Mercedes. Unterstütze unseren Podcast und entdecke die Angebote unserer Werbepartner auf ⁠⁠⁠⁠⁠doppelgaenger.io/werbung⁠⁠⁠⁠⁠. Vielen Dank!  Philipp Glöckler und Philipp Klöckner sprechen heute über: (00:00:00 ) Platform Group – CFO-Fluktuation & Gegendarstellung (00:05:10) Spahn-Beschaffungen (00:14:30 ) EU–USA-Deal – 15% Zoll, LNG-Einkauf, Autoindustrie (00:26:25) Sunk-Cost-Fallacy & Aleph-Alpha (00:35:00) Amazon zieht sich aus Google Shopping zurück (00:39:45) Unitree R1: Humanoider Roboter für < 6 000 $ (00:45:20) Cognigy-Exit: NICE zahlt 955 Mio. $ (00:48:30) n8n-Runde & Acast-Zahlen (00:57:45) U.S. DOGE nutzt KI zur Deregulierung (01:03:00) Microsoft Edge erhält Copilot-Modus (01:03:55) Microsoft Teams kommt in Mercedes-Fahrzeuge Shownotes Elon Musk: "Vine kehrt als KI-Version zurück" – x.comAleph Alpha: Reto Spörri wird Co-Chef – Spekulationen – handelsblatt.comWohltätigkeitsorganisation-Schließung beleuchtet Biotech-Milliardär hinter den 'Steroid-Olympics' – ftm.euAmazon verlässt Google Shopping-Werbung. – linkedin.comChinas Unitree R1: Humanoider Roboter unter $6.000 – bloomberg.com955 Millionen: Größter KI-Exit Europas – businessinsider.deDeutschlands n8n strebt 1,5 Mrd. $ Bewertung an – ft.comMercedes-Benz integriert Microsoft Teams in Fahrzeuge – x.comMicrosofts eigener KI-Webbrowser gegen Perplexity – windowscentral.comBrüssel beschuldigt Chinas Temu, EU-Digitalvorschriften zu brechen – ft.comDOGE nutzt KI-Tool zur Reduzierung von Bundesvorschriften unter Trump – washingtonpost.com

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

Ready to take a deep dive and learn how to generate personal tax-free cash flow from your corporation? Enroll in our FREE masterclass here and book a call hereAre you holding back from your next investment move or sticking to your retirement goals because you're concerned of being wrong?Too many entrepreneurs and investors get stuck chasing “the right decision” instead of designing a system that lets them handle mistakes. In this episode, Jon Orr breaks down why avoiding failure limits your success—and how to rethink risk so you can move forward with confidence, even when things don't go as planned.Here's what you'll take away from this episode:A mindset shift that helps you embrace uncertainty instead of fearing it.Practical strategies to build a financial system that protects you when risks don't pay off.How to spot and overcome the hidden biases—like loss aversion and sunk cost fallacy—that are sabotaging your decisions.Stop waiting for certainty—press play now and learn how to build a system that succeeds even when you're wrong.Discover which phase of wealth creation you are in. Take our quick assessment and you'll receive a custom wealth-building pathway that matches your phase and learn our CRA compliant tax optimized strategies. Take that assessment here.Canadian Wealth Secrets Show Notes Page:Consider reaching out to Kyle…taking a salary with a goal of stuffing RRSPs;…investing inside your corporation without a passive income tax minimization strategy;…letting a large sum of liquid assets sit in low interest earning savings accounts;…investing corporate dollars into GICs, dividend stocks/funds, or other investments attracting corporate passive income taxes at greater than 50%; or,…wondering whether your current corporate wealth management strategy is optimal for your specific situation.Achieving financial freedom in Canada takes more than just smart saving—it requires the right mindset and a system built to adapt when things don't go as planned. Too often, Canadian entrepreneurs and investors fall into traps like loss aversion, sunk cost fallacy, and overconfidence bias, holding them back from seizing real opportunities for business growth and wealth building. In this episode, we break down how effective financial planning, risk management, and decision making—paired with strategies like RRSP optimization, corporate wealth planning, and tax-efficient investing—can help you design a Canadian wealth plan that supports your financial independence and early retirement strategy. Whether you're navigating salary vs dividends in Canada, creating pReady to connect? Text us your comment including your phone number for a response!Canadian Wealth Secrets is an informative podcast that digs into the intricacies of building a robust portfolio, maximizing dividend returns, the nuances of real estate investment, and the complexities of business finance, while offering expert advice on wealth management, navigating capital gains tax, and understanding the role of financial institutions in personal finance.

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

In this essential episode of Limitless, Dr. Matthew Preston & Dr. Theon Simms tackle the most challenging question for investors: When should you sell a stock?

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.

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

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

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