John wrote: All you have to do is to periodically pretend that you were magically teleported into your current situation. Anything else is the sunk cost fallacy.
Yup! I agree. That’s all you have to do.
Try explaining that to your wife, when you decide that you didn’t really want to have a mortgage, two kids to bring up, a job with no prospects, etc. and that the sunk cost fallacy means that you are going off to California with the blonde cheerleader down the road.
John wrote: All you have to do is to periodically pretend that you were magically teleported into your current situation. Anything else is the sunk cost fallacy.
Yup! I agree. That’s all you have to do.
Try explaining that to your wife, when you decide that you didn’t really want to have a mortgage, two kids to bring up, a job with no prospects, etc. and that the sunk cost fallacy means that you are going off to California with the blonde cheerleader down the road.
You’ll probably find it real easy. ;)