The Sunk Cost Fallacy 😐

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Ali Abdaal

Ali Abdaal

Жыл бұрын

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Пікірлер: 61
@aliabdaal
@aliabdaal Жыл бұрын
🎙 If you liked this, you might like my weekly newsletter where I share actionable productivity tips, practical life advice, and high-quality insights from across the web aliabdaal.com/sunday
@jonahpoole7171
@jonahpoole7171 Жыл бұрын
Sad thing is you see this happen in relationships
@chrismadu7730
@chrismadu7730 Жыл бұрын
Came here to say this.
@aizatfskm
@aizatfskm Жыл бұрын
yeah, no matter how great your effort is invested into the relationship, nothing changes if the other party doesn't want to accept your effort or actually want to continue the relationship. 3 years already. now I'm sad.
@JRoseBooks
@JRoseBooks Жыл бұрын
It’s always hard to know whether to follow the “don’t give up. You’re one more move from success.” Or “time to move on to the next thing.” Until it happens you can’t know if you will “make it” or not!
@ZEL0D
@ZEL0D Жыл бұрын
Students often have this issue with their studies
@Aiibh
@Aiibh Жыл бұрын
"You know in your soul, when it's time to go" ~it's time to go
@karlaxmikasa
@karlaxmikasa Жыл бұрын
The hardest thing is letting go of it 😣
@kanikamaheshwari9732
@kanikamaheshwari9732 Жыл бұрын
This holds true for all sorts of toxic and unwanted things in life😅
@oldmago3660
@oldmago3660 Жыл бұрын
Oml ...thank you for uploading this...this was literally eye opening...I took 2 drops to get into med school ...couldn't do it and now I'm doing paramedics...and now I realised that the second drop I took was because I had took the first one not cz I actually wanted...no one has ever told me this...
@chitraksh9810
@chitraksh9810 Жыл бұрын
neet???
@oldmago3660
@oldmago3660 Жыл бұрын
Yep
@GiantMonkey9000
@GiantMonkey9000 Жыл бұрын
This story passes the Bechdel test
@ikeshia1981
@ikeshia1981 Жыл бұрын
I do this at the casino. 😳
@coleabrahams9331
@coleabrahams9331 Жыл бұрын
Perfect example actually
@IrrationalDelusion
@IrrationalDelusion Жыл бұрын
If you know probability theory, you won’t ever input money into controlled result randomizer, especially many times.
@salmanrifat1375
@salmanrifat1375 Жыл бұрын
Exactly what I was thinking....gamblers just can't quit even after loosing so many times...
@Fr0zenPeanut
@Fr0zenPeanut 11 ай бұрын
But how do we know when to give up and when to keep trying?
@NahlaSilva
@NahlaSilva 10 ай бұрын
When you don't care about the thing you're doing. Also, you are doing it because of how much time and money you put into the activity.
@ElementalDj
@ElementalDj Ай бұрын
When you realize you slowly lost interest or are unhappy when doing the thing
@allbusinessbasics
@allbusinessbasics Жыл бұрын
I see this one grind people into the ground all the time: in business, in life, in relationships, everything. It’s a great reminder and opportunity to self assess if I’m falling prey to it right now! 😄 Thanks, Ali!
@k5ps870
@k5ps870 Жыл бұрын
This is fascinating and good for our knowledge....
@niagarapopo6238
@niagarapopo6238 11 ай бұрын
Yeah I read this fallacy in the book The Art of Thinking Clearly
@dopetrackzz
@dopetrackzz Жыл бұрын
Editing 💥💥💥
@0223Jeremy
@0223Jeremy Жыл бұрын
Take what you learned and do something new
@curiousthoughts00
@curiousthoughts00 11 ай бұрын
As an entrepreneur, it's difficult for me to comprehend the concept of cost sunken fallacy. How about consistency, grit, and the enduring dedication displayed by highly successful individuals, even in the face of years of painful failures.
@enjoy7024
@enjoy7024 11 ай бұрын
That's not what he's saying. What he's talking about is continuing with something not because you love and enjoy it but because of time, money, etc., already invested and feeling that you would lose all of that if you cut your losses and change direction.
@MarZ.official
@MarZ.official Жыл бұрын
this is so true
@muhammadshahwaleed
@muhammadshahwaleed Жыл бұрын
But how do we know when it's time to change direction how do we know its not just another day week month or year we have to put into our dream to see result and actually get the compounding effect
@lawliet91819
@lawliet91819 Жыл бұрын
When all the efforts are futile
@deras01
@deras01 Жыл бұрын
Can‘t agree with that. I did my medical entrance exam 5x and i studied every year more and more to get into med school, because I believed in my faith. It took me 5years to get into university but here I am rn. 5th year medical student because I dont give up for what I want.
@manthansagar
@manthansagar Жыл бұрын
Neet ?
@enjoy7024
@enjoy7024 11 ай бұрын
Congratulations! but you are misrepresenting what he is saying.
@Fatihim610
@Fatihim610 Жыл бұрын
The giveaway!!!!😮
@omgLaven
@omgLaven Жыл бұрын
any clue about what happened?
@AV.Creative
@AV.Creative Жыл бұрын
fr thanks Ali love you bro
@WeTubeInc
@WeTubeInc Жыл бұрын
After watching this, one question in mind, How to edit like you...
@thejillykilly
@thejillykilly Жыл бұрын
uh! This is the same guy who made video saying 'never give up even if you fail so many times - giving Jeff Bezos as an example'. Irony!
@Oceansta
@Oceansta Жыл бұрын
Same concept applies for romantic relationships too.
@punduboys
@punduboys Жыл бұрын
We can see this gambling. One thing I want to say only the Casino house can make money😢
@emmenemoifaireuntour
@emmenemoifaireuntour Жыл бұрын
So funny it's exactly me (even with my name ahaha)
@gregmoore2875
@gregmoore2875 5 ай бұрын
Seek the wisdom of the Lord daily will help with this! His wisdom will teach you in immediacy what’s worth investing into instead of your ROI dwelling in the negative
@Anurag_Sharma2005
@Anurag_Sharma2005 Жыл бұрын
how do you find these terma ali
@muhammadhaidar6348
@muhammadhaidar6348 Жыл бұрын
By reading books
@ConsciousOriginals
@ConsciousOriginals Жыл бұрын
Some days I feel that way about my KZfaq channel... 🤔
@emefafrank
@emefafrank 10 ай бұрын
And my deleted KZfaq short videos
@michaelsanya3769
@michaelsanya3769 Жыл бұрын
Have you heard of announcing the 4M giveaway winner?
@panktiparmar6024
@panktiparmar6024 Жыл бұрын
no , i'm waiting don't know he remembers or not.
@omgLaven
@omgLaven Жыл бұрын
no idea what happened buddy
@Stopinvadingmyhardware
@Stopinvadingmyhardware Жыл бұрын
Yeah, you're right. So quit harassing me.
@_mitsharma_
@_mitsharma_ 10 ай бұрын
Somebody call alex hormozi
@NathanaelHeung
@NathanaelHeung Жыл бұрын
How I burn out 101
@danieljborges
@danieljborges Жыл бұрын
You started work for real and did not like it... I complete understand you.
@Jack-hv3uj
@Jack-hv3uj Жыл бұрын
Who Moved My Cheese, book
@Manu-pj3ie
@Manu-pj3ie Жыл бұрын
Bad rotoscoping
@RandomnessGamerDude
@RandomnessGamerDude Жыл бұрын
Go away I want to complete path of pain. I need to complete the hunter's journal so screw off
@btszone68
@btszone68 Жыл бұрын
You are very handsome.
@IrrationalDelusion
@IrrationalDelusion Жыл бұрын
Editing is smooooooth. Topic is too much popular, maybe some more niche would be more interesting.
@daniruizma
@daniruizma Жыл бұрын
first
@Anonymous-mj1gd
@Anonymous-mj1gd Жыл бұрын
Could do better
@lithiumkwan848
@lithiumkwan848 Жыл бұрын
Wait is he ... glowing??? I've never seen him being so dazzling and handsome, like brimming with vitality and all of his facial features just make sense ... 🥹🥹🥹
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