Bullbear Buffett

Keep INVESTING Simple and Safe (KISS)***** Investment Philosophy, Strategy and various Valuation Methods***** Warren Buffett: Rule No. 1 - Never lose money. Rule No. 2 - Never forget Rule No. 1.

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Showing posts with label sunk costs. Show all posts
Showing posts with label sunk costs. Show all posts
Saturday, 29 September 2018

Psychology and Investing: Sunk Costs

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Sunk cost fallacy is another factor driving loss aversion. This theory states that we are unable to ignore the "sunk costs" of...
Wednesday, 25 November 2009

****Every decision has to be taken on the basis of the factors present in the situation right NOW

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Sunk Costs One key to understanding how the past affects the present is the concept of 'sunk costs'.  This refers to the tendency ...
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