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Sunk Cost Fallacy | Pocket Byte #18 episode artwork

EPISODE · May 9, 2025 · 5 MIN

Sunk Cost Fallacy | Pocket Byte #18

from The Wealth Effect · host Green Moon

Why do smart people make irrational financial choices? Why do we stick with doomed projects, failing investments, or toxic commitments, just because we’ve already spent money, time, or energy on them? You’ll learn the psychology behind sunk costs, including loss aversion and cognitive dissonance. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Episode metadata supplied by the publisher feed · Published May 9, 2025

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Why do smart people make irrational financial choices? Why do we stick with doomed projects, failing investments, or toxic commitments, just because we’ve already spent money, time, or energy on them? You’ll learn the psychology behind sunk costs, including loss aversion and cognitive dissonance.

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Sunk Cost Fallacy | Pocket Byte #18

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This episode is 5 minutes long.

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This episode was published on May 9, 2025.

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