3 min video - Julia Galef: The Sunk Cost Fallacy

NexusFi · 2014-11-24T05:55:23-05:00

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Discussion in Psychology and Money Management

Updated November 24, 2014

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3 min video - Julia Galef: The Sunk Cost Fallacy

October 3rd, 2013, 03:08 AM	#1 (permalink)
kickmic Melbourne, Victoria, Australia Elite Member Experience: Advanced Platform: NinjaTrader + Gomicators Broker: InteractiveBrokers, CQG Trading: 6A Posts: 281 since May 2011 Thanks Given: 57 Thanks Received: 343	Pertinent to understanding why traders persist with a method that doesn't work, hang on to losers, etc. NOTE not the only reason, however understanding our biases helps change them