There is nothing so useless as doing efficiently that which should not be done at all.” —Peter Drucker, “The Effective ...

Reds cut infielder Jeimer Candelario halfway into $45 million deal: ‘Sunk cost’ By Ryan Giancola Published June 23, 2025, 7:58 p.m. ET ...

Sometimes, what keeps us in a destructive relationship isn’t love—it’s fear of being alone, fear that no one else will want us, fear that we’ll regret walking away. Fear of this nature might be rooted ...

Breaking Free from the Sunk Cost Trap Being aware of the sunk cost fallacy is the first step to avoid this bias, but it is not enough—you need concrete strategies. Define success and failure ...

The sunk cost fallacy is our tendency to continue with something we’ve invested money, effort, or time into—even if the current costs outweigh the benefits. When we fall prey to the sunk cost fallacy, ...