It is hard to drop something you invested in (time, energy, money, beliefs) multiple years or even decades.

Reply to this note

Please Login to reply.

Discussion

Sure, but a quick think through of his circumstance and what I wrote should be pretty obvious - this is a giant anchor, he can’t do anything with it and the scenarios in which it would be useful are way out at the long tail.

Getting stuck in a sunk cost fallacy because you refused to pick up a book for a decade seems awfully stupid.

💯 but unfortunately it’s not logical most of the times. It’s about emotions. Doing things that cause bad emotions it hard. For example choosing to read something that goes against your beliefs. Instead most ppl choose to consume informations that back up their beliefs.

Yup.

Sunk cost fallacy - aka gamblers bias.

Who's the greater fool 🤣