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The trick to learning when to cut your losses

June 4, 2019 By BMN

Why would a gambler keep playing, even after losing a lot of money? Economists call it the sunk cost fallacy, a phenomenon which drives us to make bad decisions.  Don’t throw good money after bad!

http://www.bbc.com/capital/story/20180914-the-trick-to-learning-when-to-cut-your-losses

This article was suggested by our mentor Julien Cahn

Filed Under: Small Business News & Tips Tagged With: Budget, Business, Finance

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