The Malfunctioning Ego | A Story of The Three Lonesome Nuts

The Malfunctioning Ego | A Story of The Three Lonesome Nuts

I have seen and personally encountered many instances where people have behaved in a way that is not in their own self-interest. Why? Continue reading The Malfunctioning Ego | A Story of The Three Lonesome Nuts

Sunk Costs: risk, return and irrecoverable costs

Sunk Costs: risk, return and irrecoverable costs

There’s a huge difference between gambling and making an investment. Gambling is playing with luck in the hope that things will turn out in your favour. Making an investment is pouring resources into someone or something with the expectation that it will generate a return based on the information you presently have. But some investments we make inevitably end up generating losses. So what do we do?

Continue reading Sunk Costs: risk, return and irrecoverable costs