"Too Big To Fail" - Sunk Cost Fallacy
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Too big to fail. The slot machine is due to pay off. Good money after bad.
The Sunk Cost fallacy is allowing already spent money and effort to influence decision making. Also, let's talk about the opposite problem.
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Chapters:
0:00 Sunk Cost
1:35 "Too Big to Fail"
2:55 One More Hand
3:26 Using To Your Advantage
5:10 Sunk Pain Fallacy
6:29 Avoiding
9:00 TL;DR
10:25 This i Why We Can't Have Nice Things
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