Sunk Cost Fallacy | Pocket Byte #18

08/05/2025 5 min Episodio 27
Sunk Cost Fallacy | Pocket Byte #18

Listen "Sunk Cost Fallacy | Pocket Byte #18"

Episode Synopsis

Why do smart people make irrational financial choices? Why do we stick with doomed projects, failing investments, or toxic commitments, just because we’ve already spent money, time, or energy on them? You’ll learn the psychology behind sunk costs, including loss aversion and cognitive dissonance.