It’s gone, you can’t get it back, and it’s making you crazy

I just read a great article about thinking mistakes and how they mess up our decision-making. This article covers eight mistakes, any of which could be the basis for an article by itself. It also includes some terrific cartoons illustrating confirmation bias. Right now I want to focus on mistake #3, the sunk cost fallacy. … Continue reading It’s gone, you can’t get it back, and it’s making you crazy