One of the hardest things to do is to stop wasting money and resources on a losing proposition, emotions, biases and focusing on simple but irrelevant measures can all lead to bad decisions. A proper consideration of ‘sunk costs’ can help eliminate these ‘always wrong’ decisions.
The fact you have spent several months and $thousands on a mission to accomplish something should not influence your thinking about expending more time and money (but it frequently does)! The past is past,…Continue
Added by Patrick Weaver on March 25, 2015 at 5:41am — No Comments