What is The Sunk Cost Fallacy?

The 80 Percent Express are special short episodes where I share a financial concept or answer a question sent by a listener.

In this episode, we’re exploring a common cognitive bias called the sunk cost fallacy and its impact on our financial decision-making. We’ll discuss the sunk cost fallacy, provide examples to illustrate it, and share strategies for overcoming this bias.

To read the transcript, you can visit my blog post here.