Sales is all about the art of closing the deal. Behind the curtain, that means a lot of patience, persuasion and persistence.

After shelling out a record-breaking sum of approximately $10 billion, Mark Walter is soon to be the new owner of the Lakers.

Jeopardy! champion Dan Hopkins, from Hanover, New Hampshire, tried to win his second game, but wild wagers changed the outcome. His opponent made a crucial betting mistake that cost them the game ...

Definitions of Sunk cost fallacyThe 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 ...

Morgan Stanley's Winning Formula: Cost Cuts, Big Asset Flows, And Asymmetric Upside Jun. 18, 2025 3:48 AM ET Morgan Stanley (MS) Stock MS 1 Comment Motti Sapir 710 Follower s ...

Rule No. 794: Sunk costs, note the first word “sunk.” Senturia is a serial entrepreneur who invests in startups. Please email ideas to [email protected] ...

Timing matters for wetland investment Traditional cost-benefit analyses treat wetland restoration as a one-off expense with fixed returns. Our research shows this misses the bigger, long-term picture.

Example of the Sunk Cost Trap Jennifer buys $1,000 worth of Company X’s stock in January. In December, its value has dropped to $100 even though the overall market and similar stocks have risen ...

THE COMPANY’S CEO TELLS US THE FIRST ROUND OF TARIFFS FORCED HIM TO CLOSE A PLANT IN IOWA. HE SAYS HE’S ABSORBED AS MUCH AS THE COST AS HE POSSIBLY CAN. AND IN THE COMING MONTHS, HIS PRICES ...

Rising prices, war rooms and layoffs: The cost of Trump’s tariffs is coming Retailers, wholesalers and distributors say shifting U.S. trade policies have led to pervasive uncertainty as they ...

It will cost about $400 million to convert a luxury jet from Qatar into an Air Force One, the Air Force’s top civilian leader said today—a price tag far lower than previous estimates.