Abhishek February 6, Most of us think that we are smart, and take logically rational decisions. But this is not true all the times. Even if we think that we are making rational decisions we occasionally fall for the sunk cost fallacy. What is Sunk Cost Fallacy? Sunk cost is any cost that has already been paid and cannot be recovered. It becomes a fallacy when you remains stick to it just because you have paid for it, even though sticking is going to be totally fruitless.
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Is Sunk Cost Fallacy Making You Stupid Investor?
However, much has happened since it went up, including the Blogger outage. Scroll down for a report on that. More new posts will be added below this one. The essay below is the conclusion of the ninth part in a series by Takuan Seiyo. See the list at the bottom of this post for links to the previous installments. Their main endeavor has been to enforce their compulsory e.
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The evolution of a name Bhojtal As interesting as the city itself is the story about how Bhopal got its name. The king was engaged in a fierce power struggle with his contemporaries — the Chalukyas, Chandelas and Kalchuris. He built a pala dam to secure his eastern frontiers. This led to the formation of the beautiful Bada Talab Upper Lake. Over a period of time Bhojpal came to be known as Bhopal.
Etymology[ edit ] The word knight, from Old English cniht "boy" or "servant" ,  is a cognate of the German word Knecht "servant, bondsman, vassal". Swithun describes a mounted retainer as a cniht. While cnihtas might have fought alongside their lords, their role as household servants features more prominently in the Anglo-Saxon texts. In several Anglo-Saxon wills cnihtas are left either money or lands. The specific military sense of a knight as a mounted warrior in the heavy cavalry emerges only in the Hundred Years' War.