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Patrick Weaver's Blog – March 2015 Archive (1)

Stop Throwing Money Away!

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,…

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Added by Patrick Weaver on March 25, 2015 at 5:41am — No Comments

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