sunk cost

1 statements across 1 episodes · 0 bullish · 0 bearish · 1 people on the record · first statement Jan 11, 2021 by Annie Duke · across every show →

Everything said about sunk cost, oldest first

Jan 11, 2021
Insight
Duke: Sunk cost fallacy is the dark side of grit
“Grit is such a great topic, and, you know, sticking to things that are hard and not getting kind of stuck in local minima is a really, really important feature of people who are successful. But the question is, like, you know, there's a dark side to grit, righ…”
Annie Duke Jan 11, 2021 ▶ 22:47 20VC: Annie Duke on Reversible vs Irreversible Decisions, How To Evaluate Risk, The Theory of Sunk Cost in Venture & How to Optimise Both the Discussion and Quality of Investment Decisions
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