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4 episodes with sunk costs
3 episodes with sunk costs
3 episodes with sunk costs
2 episodes with sunk costs
2 episodes with sunk costs
2 episodes with sunk costs
2 episodes with sunk costs
3 episodes with sunk costs
2 episodes with sunk costs
I'm excited to revisit this conversation with Annie Duke to the show to talk about her book, How to Decide: Simple Tools for Making Better Choices. Annie is a former professional poker player turned decision strategist who blends cognitive psychology, high-stakes poker, and practical frameworks to help us make better choices in work and life—even when we don't have all the information. In this conversation, we cover:Luck, Skill, and Outcomes: Annie explains why we need to stop judging our decisions solely by outcomes—and how separating luck from skill leads to better learning and better choices over time. Thinking in Bets and Living with Uncertainty: Drawing from her poker career and academic background, Annie shows how “thinking in bets” helps us navigate uncertainty, manage risk, and make sound decisions even when the long run is a long way off. Simple Decision Tools and Knowledge Tracking: We talk about practical decision processes—like writing down what you knew, what you believed, and what you predicted at the time—to close feedback loops faster and improve your judgment without needing 10,000 repetitions. Escaping Bias, Sunk Costs, and Identity Traps: Annie unpacks how status quo bias, sunk cost fallacy, and “identity-protective cognition” keep us defending past choices instead of seeking truth—and how a better decision process helps us see options more objectively. Confidence, Quitting, and Knowing When to Pivot: We explore how to calibrate confidence, tell the difference between a mountain and a molehill, and decide when perseverance serves you—and when it's wiser (and more productive) to climb back down and choose a different path. Annie's insights take decision-making out of the realm of “go with your gut” and into a practical, repeatable process you can use for everything from small daily choices to major career moves. If you've ever looked back and thought, “If I knew then what I know now…”, this episode will give you tools to reduce those regrets and make more confident, informed decisions going forward. Learn more about Annie and her work at AnnieDuke.com, where you'll find her books, talks, and newsletter, along with ways to connect further. You can also find How to Decide wherever books are sold.Connect with Erik:LinkedIn ThreadsFacebook BlueskyThis Podcast is Powered By:DescriptDescript 101CastmagicEcammPodpageRodecaster ProTop Productivity Books ListSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
In this conversation, Chris LaFay (Founder, Classic City Consulting) shares a decade of hard-won lessons on staying profitable, avoiding bloat, and building an agency that lasts. We dig into “one-glass focus,” why not niching can still be strategic, when to pass on work, partnerships without finders fees, pricing and retainers, and the KPI that quietly compounds new business: intentional outreach.In this episode, you'll learnWhy “one glass” focus beats scattered growthProject variety vs. “niching down” (and how to niche by systems, not industry)The comparison trap: learning from peers without copy-pasting their playbookWhen referral partnerships work without commissions—and when they don'tThe 4 R's growth engine: Retain → Reactivate → Referral → Recruit (new)Don't hire on a hope: catching operational bloat before it sinks marginsPricing, retainers, and the “help agencies look great” strategyThe single KPI Chris tracks in good seasons: weekly intentional check-insHow to handle sunk costs with a “fans-first” lens (Savannah Bananas inspo)Mentorship as a cheat code for clarity and decisive actionChapters:00:00 Intro 09:04 One-Glass Focus: creator energy, momentum, and why projects stay interesting 11:29 Project Variety > Burnout: why new client problems keep the work fresh 14:15 Do You Need a Niche? Niching by WordPress/Shopify & repeatable frameworks 15:32 Peer Comparison Without Copy-Paste: learning from others, keeping identity 18:44 Outreach > Everything: how early agencies stall without consistent relationship-building 25:24 Partnerships Sans Finder Fees: when passing leads is the value (and exceptions) 31:10 Adding Value to Your Agency Network: beyond referrals; community & support 32:17 Risk You're Glad You Took: the hiring lesson that reshaped the business 37:51 Silencing the Inner Critic: external processing & mentor mirrors 41:22 Most Valuable KPI: weekly intentional reach-outs (and why they compound) 46:55 Action Taker You Admire: David Feldman & decisive leadership 51:49 Sunk Costs & When to Quit: “fans-first” filter + staying lean on OPEXConnect with Chris:Founder – Classic City Consulting Website: https://classiccity.com LinkedIn: https://www.linkedin.com/in/chris-lafay/Podcast: https://open.spotify.com/show/7aHdpQXccPOE9YTcDJe4gZConnect with Brian: Web: https://brianondrako.com LinkedIn: https://www.linkedin.com/in/brianondrako/If you're an early-stage B2B Founder, join the Sales Skills For Founders newsletter and learn to “un-suck” at sales, one newsletter at a time.
Episode: Sunk Costs, Opportunity Costs, and Thinking in Terms of Expected ValueHave you ever kept going with something—even when you knew it wasn't worth it—just because you'd already invested so much time, money, or effort? That's the sunk cost fallacy at work.In this episode of The Grow Your Wealthy Mindset, Dr. Elizabeth Chiang explores how sunk costs, opportunity costs, and expected value shape our financial and life decisions. Drawing insights from Annie Duke's Quit: The Power of Knowing When to Walk Away, you'll learn how to make more rational choices—whether it's deciding to attend a rainy concert, stick with a struggling investment, or stay in an unfulfilling job.You'll learn:What the sunk cost fallacy is—and how it sneaks into your investing and daily choicesWhy we often “throw good money after bad” and how to stop doing itHow opportunity costs help you see what you could be gaining elsewhereHow to use expected value thinking to make smarter, more objective decisionsReal-life examples from investing, research projects, and career choicesUnderstanding these concepts can help you step back, evaluate your options more clearly, and walk away from what's no longer serving you—financially or personally.Mentioned in this episode:Quit: The Power of Knowing When to Walk Away by Annie DukeThinking in Bets: Making Smarter Decisions When You Don't Have All the Facts by Annie DukePlease subscribe and leave a review on your favorite Podcasting platform. Get 12 Financial Mistakes that Keep Physicians from Building Wealth at https://www.growyourwealthymindset.com/12financialmistakes If you want to start your path to financial freedom, start with the Financial Freedom Workbook. Download your free copy today at https://www.GrowYourWealthyMindset.com/fiworkbook Dr. Elisa Chiang is a physician and money coach who helps other doctors reach their financial goals by mastering their money mindset through personalized 1:1 coaching . You can learn more about Elisa at her website or follow her on social media. Website: https://ww.GrowYourWealthyMindset.com Instagram https://www.instagram.com/GrowYourWealthyMindset Facebook https://www.facebook.com/ElisaChiang https://www.facebook.com/GrowYourWealthyMindset YouTube: https://www.youtube.com/c/WealthyMindsetMD Linked In: www.linkedin.com/in/ElisaChiang Disclaimer: The content provided in the Grow Your Wealthy Mind...
Front Run The Week — Free SignalsGet early signals before they hit headlines. Subscribe free — or upgrade for member rewards — at https://tokentrust.substack.comEvery 18 months, crypto crowns a new narrative — DeFi, GameFi, AI-Fi, RWA — and then pivots away before anything real is finished. It's what Rosie Sargsian calls “sunk-cost maxxing.” Instead of finishing what they start, Web3 builders chase the next hype cycle like college quarterbacks chasing NIL money and transfer portals. We've built a culture that loves the recruiting process but not the program. The wedding but not the marriage. And while everyone else is switching jerseys, Ripple stayed put — quietly executing a decade-long plan that's now peaking with ISO 20022 going live this month. They didn't pivot. They planned. From Ripple Prime (Hidden Road) to Rail and G Treasury, they've been building the rails others will soon be forced to run on. This episode breaks down the cultural sickness behind constant pivoting — and why the real builders, like Ripple, prove that Vaultseason isn't for tourists. Signals — 7-Day Free TrialGet early market signals, macro indicators, and the projects I'm tracking before they trend. Start your free 7-day trial at https://tokentrust.substack.com
The Tangle-Tamer: When to Stop Inventing!
Sometimes we stay in jobs, relationships, or situations long after they've stopped serving us — not because we don't see the truth, but because walking away makes the loss feel real. That's the power of sunk cost fallacy, one of the most common (and painful) psychological traps we fall into.In this video, I explain why our brains resist letting go, how the “pain of realized loss” keeps us stuck, and why that pain doesn't actually mean what you think it does. You'll also learn about inverse sunk cost fallacy — the belief that you've missed your window — and how to break out of both.If you've ever wondered why it's so hard to leave something behind or start something new, this video will help you understand what's really happening in your mind — and how to move forward with less guilt and more clarity.Proud to team up with Get Joy! Their Freeze Dried Raw meals are crafted for better digestion, more energy, and happier days together because joy starts from within. Visit https://getjoy.yt.link/H6CRnTC to try it for yourself.Use code: youtube50Get my 5-day guide to reclaiming your time and energy despite mental health struggles.Get Practical tools for navigating life with depression and anxiety, delivered weekly.3 Unique ways to work with meDramatically improve your sleep in 2 steps with my new Sleep Workbook.My book: For When Everything is BurningConnect with me on TikTokConnect on InstagramDisclaimer: This content is not intended to be a replacement for receiving treatment. It is purely educational in nature. My relationship with you is that of presenter and audience, not therapist and client.But I do care.
Have you ever stayed in a job, relationship, or situation that's making you unhappy just because you've already invested so much time, money or effort into it? GIRL, SAME. And that's on sunk cost fallacy, one of the most common (and costly) psychological biases that can keep us trapped following paths that no longer serve us.Being able to change your mind and make better decisions is a major key to adulting, so in this episode, we're unpacking the psychology of sunk cost fallacy and how to finally stop letting past investments dictate your future decisions. I dive into how this bias impacts your career, relationships, and mindset, and the powerful mental shifts you can make to start choosing based on alignment — not avoidance.Just because you've spent a long time making a mistake doesn't mean you need to keep making it…. sometimes, cutting your losses can be an investment in your future self.Tune in for:
38% of U.S. shoppers use Amazon (AMZN), says MichaelAaron Flicker, and he expects many of those shoppers to take advantage of the company's latest Prime days happening this week. He explains how the Mag 7 company uses the "sunk cost fallacy" to encourage people to stick with Amazon Prime and buy more. He also weighs how Amazon's staying power can persist for years down the road.======== Schwab Network ========Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/ About Schwab Network - https://schwabnetwork.com/about
It's been 20 years since I got the worst birthday gift I've ever received. I'm sure you wanna know what it was. I'm not just gonna spill tea in this episode, there's a lesson to take from it, too.. . .A full transcript of this episode is available in the 10 for Teens + Tweens Ep. 138 show notes on EmpowerfulGirls.com.
The Sunk Cost Fallacy is a psychological trap that tricks rational investors and leaders into throwing good money after bad. We will break down the story. Today's Stocks & Topics: Fox Factory Holding Corp. (FOXF), Market Wrap, Albemarle Corporation (ALB), The Sunk Cost Fallacy: Why You Can't Walk Away, Paying Mortgage vs. Investing, Diamondback Energy, Inc. (FANG), Centene Corporation (CNC), A-I Data Centers, Target Corporation (TGT), First Majestic Silver Corp. (AG), New York Real Estate.Our Sponsors:* Check out Anthropic: https://claude.ai/INVEST* Check out Gusto: https://gusto.com/investtalk* Check out TruDiagnostic and use my code INVEST for a great deal: https://www.trudiagnostic.comAdvertising Inquiries: https://redcircle.com/brands
In der EDM-Community ist der Name Fox Stevenson vielen ein Begriff. Mit seinen Drum-&-Bass-Tracks begeistert er jedes Mal aufs Neue seine Fans. Aber er ist nicht nur ein großartiger Producer und DJ, sondern auch Singer-Songwriter - und das beweist er mit seinem zweiten Album "Sunk Cost Fallacy". Danny nimmt euch mit auf die Gefühlsachterbahn!
Deep into engineering studies for Project Cormorant, 8 Rivers' massive low-carbon ammonia facility, the team discovered new efficiencies that would create a safer, more advanced version of their hydrogen technology. But there was one problem: they'd already invested heavily in the current design. CEO Damian Beauchamp faced a classic dilemma. Should 8 Rivers stick with their existing approach and avoid the sunk cost fallacy? Or risk everything on a better design, knowing it meant more time, more money, and missed deadlines? That choice became even more complicated when shifting political winds derailed their anticipated offtake agreement with an investor, forcing 8 Rivers to secure new buyers for most of their planned 900,000 tons of ammonia production. In this episode, Lara talks with Damian about navigating the sunk cost trap, building relationships with massive turbine manufacturers like Siemens Energy, and how 8 Rivers has survived as one of the few companies successfully deploying large-scale industrial decarbonization projects since 2008. Credits: Hosted by Lara Pierpoint. Produced by Erin Hardick and Daniel Waldorf. Edited by Anne Bailey. Technical direction by Sean Marquand. Stephen Lacey is executive editor. The Green Blueprint is a co-production of Latitude Media and Trellis Climate. Subscribe on Apple, Spotify, or anywhere you get podcasts. For more reporting on the companies featured in this podcast, subscribe to Latitude Media's newsletter.
Pernah nggak sih kamu bertahan di sebuah hubungan, pekerjaan, atau keputusan… cuma karena merasa “udah terlanjur”?Padahal hati bilang udah capek, logika bilang udah nggak sehat, tapi tetap sulit melepas.Itulah yang disebut Sunk Cost Fallacy—kesalahan berpikir ketika kita terus bertahan hanya karena sudah banyak mengeluarkan waktu, tenaga, uang, atau perasaan.Di episode ini, kita akan ngobrolin gimana pola ini sering muncul dalam hidup kita, kenapa kita susah melepaskan, dan bagaimana caranya bisa lebih berani untuk memilih yang terbaik ke depan.
“But I've already spent so much time and energy on this…” Ever found yourself stuck in something—whether it's a career, a relationship, or even a client—because it felt too late to walk away? That's the sunk cost fallacy talking. And it might be holding you back from the career (and life!) you actually want. On this episode of the Build Your Copywriting Business podcast, we're breaking down why we cling to paths that aren't working for us. If you've struggled with the difference between giving up or letting go to move forward, this is for you. Feeling that gut pull that something's not right? This is your permission slip to trust it. Remember: past you doesn't get to run the show for present and future you anymore. ----------- Mentioned in the Episode Ep. 214: Replacing a Corporate Job Salary with a 6-Figure Copywriting Business – Tori's StoryEp. 218: Copywriting Opens Doors to Career Opportunities – Sunny's StoryEp. 229: Changing a Habit? Here's the Cycle You're Going Through Related Links Ep. 175: Career Resolutions to Make Right NowEp. 223: If Not Now, When? A Deep Dive Into Decision MakingEp. 186: Are You Stuck in an Employee Mindset? --------------- Get Free Copywriting Training here
Have an episode suggestion? Text us!We've all said it: “I can't walk away, I've already put too much in.” That's the sunk cost fallacy talking. In this episode, Matt breaks down why we stay in jobs, relationships, and habits that don't serve us, and the five psychological traps that keep us stuck. More importantly, we'll share practical ways to start moving forward so you stop protecting your past and start building your future.Find video clips and full length video from this episode on YouTube and our other social media pages!On the web:www.twfo.comSupport the Show:Buy Us a Coffee!Online Course: www.independentlystrong.comUse code WHEELIES75 for 75% off the entire course!Soberlink Device:www.soberlink.com/wheelsCheck out our blog:https://twfo.com/blogFollow us on TikTok:https://tiktok.com/@twfo_coupleFollow us on Instagram:https://instagram.com/twfo_couple/Follow us on Facebook:https://www.facebook.com/TWFOCoupleFollow us on YouTube:https://www.youtube.com/@twfo_coupleFind Taylor Counseling Group:https://taylorcounselinggroup.com/Donate to Counseling for the Future Foundation:Donate Here
Would you take the easy way out if it gives up what you love? Is the enemy of your enemy truly your friend? How bad do old cigarettes actually taste? All these questions and more are discussed and answered on the Almost SideShow as we break down Better Call Saul episode by episode. This episode is Season 3 Episode 3 - "Sunk Costs."Check back every Thursday morning for the latest episode of the Almost SideShow!Find the past seasons of the Almost SideShow here: http://almostsideways.com/Main%20Menu/Artice%20Archives%20Sub-Menus/AlmostSideways/Almost%20SideShow.htmlThe SideShow is meant to be a companion to listen to after you watch each episode, so join us on the journey! Watch the episode, then listen to our reaction and analysis. New episodes drop every week!The Almost SideShow is hosted by Terry Plucknett and Adam Daly and is a part of the AlmostSideways family.Find AlmostSideways everywhere!Websitealmostsideways.comFacebookhttps://www.facebook.com/AlmostSidewayscom-130953353614569/AlmostSideways Twitter: @almostsidewaysTerry's Twitter: @almostsideterryZach's Twitter: @pro_zach36Todd: Too Cool for TwitterAdam's Twitter: @adamsidewaysApple Podcastshttps://podcasts.apple.com/us/podcast/almostsideways-podcast/id1270959022Spotifyhttps://open.spotify.com/show/7oVcx7Y9U2Bj2dhTECzZ4m YouTubehttps://www.youtube.com/channel/UCfEoLqGyjn9M5Mr8umWiktA/featured?view_as=subscriber
Hello to you, Annie Jesperson & Nathaniel Talbot listening from Deep Harvest Farm on Whidbey Island!Coming to you from Whidbey Island, Washington this is Stories From Women Who Walk with 60 Seconds (& a bit more goodness) for Wednesdays on Whidbey and your host, Diane Wyzga. Every week I head over to Deep Harvest Farm from July through Thanksgiving to fill my basket with organic produce as a Community Supported Agriculture (CSA) member. Early in day the CSA members get an email with a list of what's been harvested, a recipe or two and a musing by Farmer Annie like this one, The Fallacy of Sunk Costs. Maybe like me you'll recognize yourself in her words: The Fallacy of Sunk Costs [~ by Annie Jesperson]“Sometimes a benefit and other times a detriment of long farm days are the countless hours alone with one's thoughts. A morning spent pruning tomatoes and dragging irrigation lines offers opportunity to practice deep breathing, mindfully listen to the sparrow songs or to stew on last night's sub-optimal conversation with your sister while mentally spiraling about foreign affairs.There's time for it all! We spend many moments with the gentle coo of the wind but also keep our brains stimulated with a wide assortment of podcasts. A few of us love "The Gray Area with Sean Illing," which is a philosophy show that covers culture, politics, and other big conversation topics.I'm pretty sure it was here, I learned about one of my now favorite philosophical principles that comes in handy most farm days and in the rest of life, too. It's called “The fallacy of sunk costs.” Anyone else a fan?? This concept expresses the mental error in one's tendency to keep going on an endeavor just for the sake of finishing it. You've invested some time, money, and energy so you want to complete a task even if the costs of completing it outweigh the positives. It's knowing when to cut losses and till in those overly weedy carrots, shrug your shoulders and leave the last 10% of the giant fruit tree unpruned or close the book you're not loving and pick up something else. There's nothing to gain by doing otherwise!Every day, we look at our mammoth to-do list and decide what's a priority and what just isn't going to happen and not infrequently we kiss some hard work goodbye for the sake of future plantings and more vital tasks. Prioritizing and letting go might be a farmer's most important skills as well as life talents, too, aiding us in the efficiency, time, productivity and happiness of Life!”Click HERE to visit Deep Harvest Farm, learn about the farm & its farmers, sign up for the Seed Newsletter for hot garden tips, farm news and seed discounts, join the Community Supported Agriculture (CSA) Farm Share, AND shop the 170 varieties of Certified Organic, Open-Pollinated, & Non-GMO seed proven to thrive in the Pacific Northwest: FLOWER SEEDS ~ VEGETABLE & HERB SEEDSThank you for listening!You're always welcome: "Come for the stories - Stay for the magic!" Speaking of magic, I hope you'll subscribe, share a 5-star rating and nice review on your social media or podcast channel of choice, bring your friends and rellies, and join us! You will have wonderful company as we continue to walk our lives together. Be sure to stop by my Quarter Moon Story Arts website, check out the Services, arrange a no-sales Discovery Call, and stay current with me as "Wyzga on Words" on Substack.ALL content and image © 2019 to Present Quarter Moon Story Arts. All rights reserved. If you found this podcast episode helpful, please consider sharing and attributing it to Diane Wyzga of Stories From Women Who Walk podcast with a link back to the original source.Stories From Women Who Walk Production TeamPodcaster: Diane F Wyzga & Quarter Moon Story ArtsMusic: Mer's Waltz from Crossing the Waters by Steve Schuch & Night Heron Music
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
Balance Your Teacher Life: Tips for Educators to Avoid Burn-Out and Achieve Better Work-Life Balance
Send us a textBreaking Free from the Sunk Cost Fallacy: Why Smart Teachers Stay Stuck
Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 3038: Joel reveals how the sunk cost fallacy quietly influences our decisions, keeping us stuck in unfulfilling jobs, toxic relationships, or unproductive habits. By breaking free from what's already been invested, we reclaim control and move forward with clarity and purpose. Read along with the original article(s) here: http://5amjoel.com/sunk-cost-fallacy/ Quotes to ponder: "Just because you've spent time or money on something, doesn't mean you have to keep doing it." "It's the fallacy that makes people stay in jobs they hate, keep items they don't use, or remain in relationships that are no longer healthy." "You're not throwing away the past - you're refusing to throw away your future." Episode references: Thinking, Fast and Slow: https://www.amazon.com/Thinking-Fast-and-Slow/dp/0374533555 Learn more about your ad choices. Visit megaphone.fm/adchoices
Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 3038: Joel reveals how the sunk cost fallacy quietly influences our decisions, keeping us stuck in unfulfilling jobs, toxic relationships, or unproductive habits. By breaking free from what's already been invested, we reclaim control and move forward with clarity and purpose. Read along with the original article(s) here: http://5amjoel.com/sunk-cost-fallacy/ Quotes to ponder: "Just because you've spent time or money on something, doesn't mean you have to keep doing it." "It's the fallacy that makes people stay in jobs they hate, keep items they don't use, or remain in relationships that are no longer healthy." "You're not throwing away the past - you're refusing to throw away your future." Episode references: Thinking, Fast and Slow: https://www.amazon.com/Thinking-Fast-and-Slow/dp/0374533555 Learn more about your ad choices. Visit megaphone.fm/adchoices
Well we are back after a bit of a break. This is a second crack at Andrew reporting on his Japan trip. Good news, this was probably better than the original anyway. If it sounds different, it's because we went old school AOT and recorded it directly into the old trusty H4N. After Andrew's Japan recap we touch on a few project car updates. Thanks for hanging in there folks. Please Rate, review and subscribe to the podcast on your favorite listening platform. Comments, Questions, complaints; email us at autoofftopic@gmail.com Join the Discord, message us on the socials for a link. Keep your cars analog and Aim for the Roses!
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
Send us a textIn this episode of Better Skills. Better Doctors., we explore the quiet but powerful force that keeps so many practitioners stuck: the belief that because you've already invested so much—in time, money, or identity—you have to keep going, even when it no longer fits. From careers to relationships to business models, we talk about the fear of quitting, the discomfort of change, and how false safety in the familiar can cost far more than walking away. If you've ever felt torn between staying the course and honoring what you truly want now, this episode is for you.If this content and material resonates with you and you would like to pursue coaching with Rebecca, please visit:tcm-hub.com/fed and set up an Introductory Chat.
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
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
This week, we're digging into one of the most pressing financial crises of our time: student loans. After a five-year pause, the Trump administration has officially restarted collections on defaulted federal student loans, and millions of borrowers could soon face wage garnishment, reduced Social Security benefits, and even hits to their credit scores. Joining us is Jillian Berman, author of the groundbreaking new book, Sunk Cost: Who's to Blame for the Nation's Broken Student Loan System and How to Fix It. Jillian takes us behind the headlines, breaks down who is most at risk, and how to get your payments back on track if you're in default. Resources & Links:
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.
In this week's update, Barney is forced to reckon with the loss of two hours worth of audio due to unavoidable tech issues. Instead, he provides a quick recap of the lost recording and looks forward to creating a much better episode.
Wild ideas are on the agenda today as we stroll through another hallway of the Cabinet. Order the official Cabinet of Curiosities book by clicking here today, and get ready to enjoy some curious reading! See omnystudio.com/listener for privacy information.
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
Subscribe to DTC Newsletter - https://dtcnews.link/signupWe're bringing you a no-fluff episode from The World's Best Email and Retention Podcast, hosted by Jordan Gordon—email marketing strategist and philosophical lead at Pilot House's retention team.Subscribe to TWBERP: https://open.spotify.com/show/30OswCnXzinWp0zBP1kenR?si=gFxF-OOsQY2FNh0Tc_1Q0AIn this solo episode, Jordan dives deep into how marketers can use cognitive biases—like anchoring, loss aversion, nostalgia, and egocentric bias—to supercharge their email marketing. But this isn't a psychology lecture. It's a tactical playbook you can implement right away, packed with examples like:How “plop plop, fizz fizz” doubled Alka-Seltzer sales using anchoring biasWhy doubling loyalty points is more profitable than discountingHow rhyme literally makes copy seem more truthfulThe hidden power of sunk cost and goal gradient in email flowsThis is the episode you'll want open next to your campaign planner.What you'll learn:How to apply 20+ proven cognitive biases directly into your email strategyTactical frameworks for building automation flows that convertReal-world examples that make these psychological tactics clickListen in and turn your email campaigns into retention machines.Timestamps00:00 – Intro: Why cognitive biases matter in email marketing02:03 – Anchoring Bias: How to double sales with simple tricks04:58 – Framing Bias: Telling better stories in your campaigns08:51 – Loss Aversion: Creating urgency without discounts12:20 – Nostalgia & Social Proof: Making your brand feel timeless16:25 – Recency Bias, Goal Gradient & Loyalty hacks that work20:00 – Rhyme is Reason & Isolation Effect: Persuasion that sticks24:10 – Sunk Cost & Effort Justification: Boost conversions subtly26:00 – Final Thoughts: Build your bias list and boost resultsHashtags#emailmarketingtips#cognitivebias#dtcpodcast#ecommercegrowth#marketingpsychology#retentionmarketing#subjectlinehacks#anchoringbias#framingbias#urgencymarketing Subscribe to DTC Newsletter - https://dtcnews.link/signupAdvertise on DTC - https://dtcnews.link/advertiseWork with Pilothouse - https://dtcnews.link/pilothouseFollow us on Instagram & Twitter - @dtcnewsletterWatch this interview on YouTube - https://dtcnews.link/video
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
Have you ever hung onto something way too long, not because it's working out, but because you've already spent too much time, or money, on it? In this week's episode, Jeff discusses when to determine the right time to walk away from something; whether it be an employee that isn't working out, a campaign, or maybe even a patient. Tune in for some helpful insights to better your practice! MGE Power Program - https://www.mgeonline.com/power-program
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.
Today's Daily Puck Drop with Jason “Puck” Puckett featured Danny Kelly, The Ringer, host of The Ringer NFL Draft Show and John Canzano, JohnCanzano.com. Puck opened up the show discussing the health status of Mitch Haniger and why it makes sense for the Mariners to move on. The Seahawks are brining in more offensive line help and that's a good thing. Danny drops by for his weekly visit to chat about the Sam Darnold contract, addition of Cooper Kupp, offensive line help, and reaction to the latest mock drafts. Canzano and Puck start off their weekly conversation with reaction to North Carolina being selected to the NCAA tournament and the criticism that has followed. John informs Puck on the latest with the Pac-12 media rights deal, expansion timeline, UNLV and Pac-12 situation and John celebrates an anniversary. Lastly, “Hey, What the Puck!?” Puck thanks listeners has he heads into next weeks shows which will celebrate one year of going out on his own and starting his own media site. (0:00) Puck on Haniger and offensive line reinforcement (16:27) Danny Kelly, The Ringer, Host of The Ringer Fantasy Football Show and The Ringer NFL Draft Show (46:46) John Canzano, JohnCanzano.com, “Bald Faced Truth” (1:24:25) “Hey, What the Puck!?”
In this week's Omni Talk Retail Fast Five news roundup, sponsored by the A&M Consumer and Retail Group, Simbe, Mirakl, Ocampo Capital and Infios, Chris and Anne discussed: - Kroger's surprising decision to create a standalone e-commerce unit - Ulta's launch of a digital marketplace with Mirakl - Wayfair's plans to open a second large format store in Atlanta - Klarna becoming Walmart's exclusive BNPL provider - And closed with a look at Wonder's acquisition spree and if its “super app for mealtime” is just bad branding of what is actually a good idea There's all that, plus Mariah Carey, Irish names, and our rankings of the best Adam Sandler movies of all-time. Music by hooksounds.coom
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
As a native New Orleanian, Mitch Landrieu knows a thing or two about crisis and recovery. He served as the lieutenant governor of Louisiana through Hurricanes Katrina and Rita in 2005 and the compounding effects of subsequent storms including Ike and Gustav. In 2010, he was sworn in as mayor of New Orleans—just one month after the Deepwater Horizon explosion undermined the region's efforts to recover from five years of depopulation and economic decline. Mayor Landrieu's experience working for the efficient restoration of New Orleans's critical infrastructure later led the Biden Administration to appoint him as an advisor on the national implementation of the 2021 Infrastructure Investment and Jobs Act. Otherwise known as the Bipartisan Infrastructure Law (BIL), this bill has been the largest long-term investment in U.S. infrastructure since the Federal-Aid Highway Act of 1965. It has prioritized and funded an array of essential, future-oriented projects throughout the country. The aftermath of Hurricane Katrina demonstrated how the increasing scale of environmental disasters will expose vulnerabilities in the nation's aging infrastructure. Local leaders are thus seeking strategies that balance the needs of growth and economic development with the proactive management of current and future risks. The work that Mayor Landrieu, city staff, and community partners undertook to steer New Orleans's recovery process away from bankruptcy and toward revived communities and a more secure built environment has provided a case study for policymakers and resilience groups around the world. In part one of this two-part episode, Mayor Landrieu talks with Ten Across founder Duke Reiter about the personal and professional experiences that have influenced his views on equity and resilience and shaped some of the bold positions he's taken in governing. Part two will delve further into his views and outlook on contemporary governance. We've taken a new approach with this episode, take a listen and let us know what you think by leaving a review on your preferred podcast platform. Related articles and resources: “Want to Understand the Future of U.S. Climate Resilience? Look to the Gulf Coast” (Ten Across Conversations podcast, Dec. 2024) “Sunk Costs, Sunken City: The Story of New Orleans with Richard Campanella” (Ten Across Conversations podcast, June 2023) “DOGE says it's now saved $65B in federal funds, but that's still impossible to verify” (ABC News, Feb. 26, 2025) “Veteran crisis hotline may be impacted by federal layoffs” (ABC 15, Feb. 24, 2025) “Angry Over Confederate Flag, Mayor Plans March” (New York Times, March 2000) “What is in the just-passed House Republican budget bill? What to know” (USA Today, Feb. 26, 2025)
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.
New Orleans is an extraordinary place that has experienced more than its fair share of adversity. Living below sea level where the mouth of the Mississippi River meets the Gulf Coast, residents have become adept at mitigating a variety of water-related challenges, from the inundation of tropical storms and subsidence to the scarcity issues of saltwater intrusion. There's a lot we can learn from the people and leaders of New Orleans. The city's pride in its wealth of culture was on display to the nation recently in the pageantry of Super Bowl LIX. But the spirit of New Orleans may be most evident in the way the city has pioneered a model of urban resilience that addresses future social, economic, and environmental risks. Future-oriented action, with all its challenges, is the core focus of Ten Across and the focus of today's episode with Greater New Orleans Foundation CEO Andy Kopplin. To commemorate their 100-year anniversary, the Foundation recently hosted a “Next 100 Years Challenge,” offering a $1.2 million investment in 10 different resilience project proposals across Southern Louisiana. The community has already seen significant returns on this initial investment, offering a compelling example for local and regional support of stronger communities in a changing climate. Related articles and resources: “New Orleans Was Called Resilient After Attack. It Didn't Need the Reminder” (The New York Times, January 2025) “Ideas: Stop Telling New Orleans To Shut Up and Be Resilient” (Time Magazine, January 2025) “Past and Future Resilience Along the Mississippi with Boyce Upholt” (Ten Across Conversations podcast, January 2025) “Want to Understand the Future of U.S. Climate Resilience? Look to the Gulf Coast” (Ten Across Conversations podcast, December 2024) “Sunk Costs, Sunken City: The Story of New Orleans with Richard Campanella” (Ten Across Conversations podcast, June 2023) “Responding to Inevitable Disasters with Juliette Kayyem” (Ten Across Conversations podcast, November 2022)
The Dynasty Dude | Dynasty Fantasy Football | Fantasy Football
Cory Evans debates the value of 10 sunk costs in dynasty fantasy football Kyle PittsJayden ReedDiontae Johnson Tank Dell Jermaine Burton Nick ChubbTyler LockettDeebo Samuel Stefon Diggs CEHJoin PatreonService Price Menu 30 Minute Roster Call - $301 Hour Roster Call - $50Schedule via email - dynastydudepod@gmail.com
In many ways, modern American engineering was born on the Mississippi. In the early days of westward expansion, the continent's largest river basin presented both a vital resource for transportation, biodiversity and agricultural production and a complicated barrier. The Army Corps of Engineers was founded in 1802, a year before the Louisiana Purchase. By the mid-1800s, Congress charged the Corps with improving transportation on the river to support the nation's burgeoning steamboat industry and riverine settlements. Military-trained engineers were enlisted to control the river, using brute force technology, into a predictable path to prevent flooding of communities and stabilize water levels for travel. In the new book, The Great River: The Making and Unmaking of the Mississippi, award-winning investigative journalist Boyce Upholt questions the logic of believing it possible—or ideal—to control one of the world's largest and most powerful rivers for centuries. Taking a holistic and geologic view of the landscape, Boyce describes how the Mississippi River has continually changed paths over millennia and why this is necessary to the health of the entire delta, especially in a changing climate. The book offers insight into the power and the fragility of many of the ecosystems on which we rely. Listen in as Ten Across founder Duke Reiter and Boyce Upholt discuss the intersections of the built and the natural environments, and the complexities of maintaining habitable places within essential yet hazardous geographies. Relevant articles and resources: Read more from Boyce: Southlands newsletter “Is the ‘Age of the Delta' Coming to an End?” (Knowable Magazine, 2023) “The Controversial Plan to Unleash the Mississippi” (Hakai + WIRED, 2022) “A Killing Season” (Winner of the 2019 James Beard Award for Investigative Journalism, The New Republic, 2018) Learn more about the Mississippi Delta: “Want to Understand the Future of U.S. Climate Resilience? Look to the Gulf Coast” (Ten Across Conversations podcast, December 2024) “Sunk Costs, Sunken City: The Story of New Orleans with Richard Campanella” (Ten Across Conversations podcast, June 2023)
Many of the U.S. Navy's shipbuilding programs are currently running over budget and behind schedule, raising serious concerns about the Navy's future operational strength and the broader capacity of U.S. industry to scale production in the event of a larger conflict. This situation is particularly troubling, given that the United States once held a dominant position in global shipbuilding. So how did the U.S. reach this position, and who is to blame? Is it the Navy, the shipbuilders, private capital, the Pentagon, or even Congress? To unpack these pressing questions, we bring in our panel of experts to analyse the root causes of this decline and explore what can be done to restore the United States' shipbuilding capabilities. On the panel this week: - John Konrad (GCaptain) - Emma Salisbury (War on the Rocks) - Matthew Funaiole (CSIS) - Thomas Shugart (CNAS) Intro - 00:00 PART I - 04:04 PART II - 33:53 PART III - 1:02:57 PART IV - 1:22:12 Outro - 1:45:42 Follow the show on @TheRedLinePod Follow Michael on @MikeHilliardAus Support the show at: https://www.patreon.com/theredlinepodcast Submit Questions and Join the Red Line Discord Server at: https://www.theredlinepodcast.com/discord For more info, please visit https://www.theredlinepodcast.com/
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
PLAN GOAL PLAN | Schedule, Mindful, Holistic Goal Setting, Focus, Working Moms
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!
"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
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