John comments on The Importance of Saying "Oops" - Less Wrong

55 Post author: Eliezer_Yudkowsky 05 August 2007 03:17AM

You are viewing a comment permalink. View the original post to see all comments and the full post content.

Comments (26)

Sort By: Old

You are viewing a single comment's thread.

Comment author: John 22 September 2007 05:02:29AM 24 points [-]

BillK said:

"It really is the hardest thing in life for people to decide when to cut their losses."

No it's not. 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.