Topic Reading-Vol.2360-9/27/2018
0422-27-5366
〒180-0006 東京都武蔵野市中町2-3-5 IIHA武蔵野1階
電話受付/月〜金 9:00-18:00
Topic Reading-Vol.2360-9/27/2018
0422-27-5366
〒180-0006 東京都武蔵野市中町2-3-5 IIHA武蔵野1階
電話受付/月〜金 9:00-18:00
Topic Reading-Vol.2360-9/27/2018
Dear MEL Topic Readers
A trick to learning when to cut your losses
Continue or change doing something that hasn’t been working. You’ve been asking yourself this question again and again but have been unable to change the course, or more foolishly, have spent more time and/or money on it. You’re trapped. Gambling, financial investment, or a worn-out shirt which will never look any better no matter how hard you wash and iron it only to name a few. This common phenomenon among most people, companies or governments is called “chasing your losses,” or “sunk cost fallacy.”
What drives such unjustifiable decisions not to change? Is that optimism for the future or investment already made in the past? Is there any way to avoid such a trap?
Enjoy reading and think about the situations that you chased your losses.
http://www.bbc.com/capital/story/20180914-the-trick-to-learning-when-to-cut-your-losses
MEL School 三鷹
住所 〒181-0013 東京都三鷹市下連雀3-33-13 三鷹第二ビル101
営業時間：電話受付13時～18時 定休日：日曜日