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mind traps

The Sunk Cost Bias Mind Trap

by Stephen Mills March 16, 2010
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You should be looking forward and making your decisions based upon what is before you and not what is behind you. Do you want to spend two hours watching a bad movie? Do you want to take your free show tickets that you already have and go to a show or do you want to stay home or do something else? You need to decide how you should you spend the time and money that you have now and not the time and the money you had yesterday.

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