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What is sunk cost?
The fallacy that anyone who has incurred a sunk cost and refuses to stop an activity. IE, applying the sunk cost fallacy when it should not be used.
Joe: Man, Jill has already blown like 1000 bucks on video games. She shouldn't buy any more.
John: Ya, but the next game is only a dollar and it is worth 5 bucks to her. Sunk cost fallacy fallacy, man.
sunk cost - video
Sunk cost - what is it?
Literally Will Smith.... Like... This isn't Merriam Webster.
Sunk-cost fallacy just wants to keep his family together... That being said, there is quite a bit of transference going on there.... The world is deteriorating.... Madness consumes the best of us....
What does "sunk cost" mean?
To follow through on an endeavour like a giant, flaccid, wart-riddled penis despite the already-invested time and cost outweighing the benefits.
Hey Ken, shouldn’t you stop shorting GME by now? You’re clearly a victim of sunk cost phallusy
Sunk cost - what does it mean?
When you go through the work of setting up a hook up with a dude and he turns out to be much less than advertised in person, but you decide to go for it anyway.
I distinctly stated "no fatties" on my profile but better the bear in here then the bear out there, guess I'm committing a sunk cost phallus.
Sunk cost - meaning
Anything that you've spent and won't come back (money, time, energy)
Don't make a sunk cost controls your decisions, if it makes you on the huge loss, then abandon it
Your mental health is important