Sunk Cost Fallacy Quotes

“Let us not become victims of a crippling reasoning pattern. If we want to improve our decision-making and critical thinking, we must recognize our mental biases and be willing to overcome them. Let us avoid creating arguments to confirm pre-existing beliefs at all costs and invest in a ‘sunk cost fallacy.’ Better alight from a car out of control than drive it off the cliff. (“The infinite Wisdom of Meditation“)”
― Erik Pevernagie

“Before a sunk-cost fallacy creeps into the body of our expectations, we must disentangle a clear line in the merry-go-round of our desires and bring to light the real-world evidence in the cropland of our relationships. (“The infinite Wisdom of Meditation“)”
― Erik Pevernagie

“As long as he fought imaginary giants, Don Quixote was just play-acting. However once he actually kills someone, he will cling to his fantasies for all he is worth, because only they give meaning to his tragic misdeed. Paradoxically, the more sacrifices we make for an imaginary story, the more tenaciously we hold on to it, because we desperately want to give meaning to those sacrifices and to the suffering we have caused.”
― Yuval Noah Harari, Homo Deus: A History of Tomorrow

“The scarcity mindset in dating often goes hand in hand with the sunk cost fallacy. The sunk cost fallacy says that it is bad to lose something we have invested time, money, energy or emotions into, regardless of whether that something is still actually doing anything for you. Humans are highly risk averse creatures, so we tend to prefer NOT losing something over potentially gaining something, even if we don't like what we would lose.”
― Dr. Liz Powell, Building Open Relationships: Your hands on guide to swinging, polyamory, and beyond!

“If you’ve ever held on to a pair of shoes that make your feet ache or a pair of pants that no longer fit you for no other reason than you paid a lot of money for them, you’ve experienced the sunk-cost bias.”
― Leena Patel, Raise Your Innovation IQ: 21 Ways to Think Differently During Times of Change