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[–] 43 points 2 years ago* (2 children)

Yep. It is understanding that the sunk cost fallacy is not just about business decisions but is also very relevant in our personal lives.

The freakonomics podcast did a great episode on the subject.

The upside of quitting,

Hell, even Kenny Rogers wrote a song about it.

The gambler.

You've got to know when to hold 'em

Know when to fold 'em

Know when to walk away

And know when to run

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