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Investment
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INTRODUCTION
Learning Objectives -
Activity - What Are You Invested In?1 Activity
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SKIN IN THE GAMEWhat is Skin in the Game?
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Gardening is All About Investment
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THE RIGHT GAMEBecoming Anti-Fragile
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THE WRONG GAMEWe Can't Plant Wherever We Want
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Sunk Cost Fallacy
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Loss Aversion
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INVESTMENT STRATEGIESBurning the Boats and Beyond
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Activity - Burning the Boats1 Activity
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The Four Investments
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Activity - Exploring Investment1 Activity
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CONCLUSIONInvesting in the Right Way
Lesson 7 of 13
In Progress
Sunk Cost Fallacy
Sometimes, we continue to invest in something even when it no longer makes sense to do so. This is called the “sunk cost fallacy.”
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