The Sunk Cost Fallacy: Keeping You Wrong

What this episode covers

“It’s okay to be wrong, it’s not okay to stay wrong”. Maybe you’ve heard some variation of this saying before? It’s one of my favorites, as it applies nicely to all facets of life, especially investing. A common reason many of us decide to “stay wrong”, rather than change, is the sunk cost fallacy. The […]

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Frequently Asked Questions

How long is this episode of Mullooly Asset Management?

This episode is 10 minutes long.

When was this Mullooly Asset Management episode published?

This episode was published on July 8, 2015.

What is this episode about?

“It’s okay to be wrong, it’s not okay to stay wrong”. Maybe you’ve heard some variation of this saying before? It’s one of my favorites, as it applies nicely to all facets of life, especially investing. A common reason many of us decide to “stay...

Can I download this Mullooly Asset Management episode?

Yes, you can download this episode by clicking the download button on the episode player, or subscribe to the podcast in your preferred podcast app for automatic downloads.