Please login or sign up to post and edit reviews.
Sunk Cost Fallacy: How It Impacts Your Investment Decisions
Podcast |
InvestTalk
Media Type |
audio
Publication Date |
Aug 12, 2024
Episode Duration |
00:46:54

The sunk cost fallacy is a cognitive bias where individuals or businesses continue investing in a project due to past investments, despite current costs outweighing the benefits. This bias often leads to irrational decision-making, influenced by factors such as loss aversion and emotional attachment. Understanding and recognizing the sunk cost fallacy can help improve decision-making by focusing on future costs and benefits rather than irrecoverable past expenses.

 

Today's Stocks & Topics: WHD - Cactus Inc. Cl A, Market Wrap, UBER - Uber Technologies Inc., CIVI - Civitas Resources Inc., Sunk Cost Fallacy: How It Impacts Your Investment Decisions, CSIQ - Canadian Solar Inc., ALV - Autoliv Inc., The VIX, OPEC, INTC - Intel Corp., VOOG - Vanguard S&P 500 Growth ETF, QQQM - Invesco NASDAQ 100 ETF, CVX - Chevron Corp., SBUX - Starbucks Corp., Hedge Funds.

Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

This episode currently has no reviews.

Submit Review
This episode could use a review!

This episode could use a review! Have anything to say about it? Share your thoughts using the button below.

Submit Review