25/07/2023
Jobs website Indeed describes the sunk cost fallacy as "the mistake that you make by further investing into an already poor decision, resulting in a waste of resources."
https://engoo.com/app/daily-news/article/whats-done-is-done-how-to-avoid-the-sunk-cost-fallacy/ir12Hr34Ee2y8s9hwjOZVQ
©️ This lesson is based on an article by Henry Milward.
If you've invested time, money or energy into a project, it's not easy to see it fail.