Get my 5-day email funnel that generated $400,000 from a single launch

Want an email sales funnel that's already proven to work? Get the entire word-for-word email funnel that generated $400,000 from a single launch and apply it to your own business.

Yes! Send me the funnel now
Start Here: “The Ultimate Guide to Personal Finance”

A nice/weird post about shrimp and investing

23 Comments- Get free updates of new posts here

0

A nice post from the Kiplinger blog about boiled shrimp and investing (huh?):

Boiled Shrimp and the Sunk-Cost Fallacy

0

Related Articles

standard post picture

How to not hate live events

I recently spoke at a conference in the Bay Area where the speaker introduced me as saying, “AND WE GOT ...

Read More
untitled-design-9

The diffusion of responsibility: Why you need to stop CC’ing people

I receive 1,000+ emails every day. And while I read every one of them, most emails get ignored. That’...

Read More

23 Comments

0
 

Leave a Reply

23 Comments on "A nice/weird post about shrimp and investing"

Notify of
avatar

Sort by:   newest | oldest
Freelove
Freelove
10 years 4 months ago

Is this a test to see if we’re paying attention? (See May 1st)

Aaron W. Thorne
10 years 4 months ago

I actually had a macro economics professor in college that taught us about this. He used the analogy of holding Tony Orlando tickets (a performer in Branson), and how even though you spent money on those tickets, if you didn’t actually feel like going to see Tony Orlando that day, but you went anyway, you were stupid. Actually, he said that we weren’t “maximizing our economic utility,” but we knew what he meant. And that he didn’t like Tony Orlando.

Mike
10 years 4 months ago

Interesting article. I guess it’s true, if you waste money on something you don’t want to do, then why waste your time actually doing it?

However, what if you don’t want to do something but your significant other does? If it keeps them happy, that problably means you will stay happy. What if your wife likes shrimp but you hate it, maybe you will get a much better return after wasting 8 dollars and an hour of time to make it!

Ramit Sethi
10 years 4 months ago

Freelove: Oops. Man, you guys are sharp.

Ali Z
10 years 4 months ago

QUOTE:”Freelove: Oops. Man, you guys are sharp ”

LOL, Oh I get it! Ramit, Yes – now I’m paying attention 🙂

ruthie
10 years 4 months ago

Wouldn’t the best thing to do be to either freeze them for some other time when you aren’t so pressed for time OR, even better, return them to the grocery store for a refund. OR OR OR check your receipt before you leave the store because crap like this happens all the time (double charges, you don’t get the sale price, you accidentally pay for something that you didn’t buy, whatever) and be done with the whole damn thing. A small leak (or, more typically, many small leaks) will sink a great ship.

Carter Adler
9 years 7 months ago
While sunk costs are an important concept for investors to understand, Mr. Feinberg made another “rookie mistake” in his analysis; he ignored transaction costs. When the hypothetical $50 stock reaches $5, it may not make any sense to sell. A commission that represented a very small percentage of the transaction at $50 could represent an enourmous percentage at $5. Example: You buy 20 shares at $50, paying $10 commission. Your total cost is $1,010, or $50.50 per share. The stock falls to $5 per share. On paper your position is worth $100, but if you sell, you will pay another… Read more »
News and Events
5 months 12 days ago

Thanks for some other informative site. Where else may just I get that kind of info written in such an ideal way? News and Events

hindustan property
3 months 17 days ago

Good Article. It really help to clear some concept and aware fraud from making online money. Good, Thank You.

instagram apk
3 months 7 days ago

nice one

free store apk
2 months 29 days ago

Thanks for some other informative site.free store apk download Where else may just I get that kind of info written in such an ideal way?free store apk

movietube apk
2 months 29 days ago

Good Article.movietube apk It really help to clear some concept and aware fraud from making online money. Good, Thank You.movietube apk download

zapya apk
2 months 29 days ago

Very nice post.zapya apk Really following up to commenter’s comments makes them feel good and also creates the impression that their ideas are being considered.zapya apk download

wifikill apk
2 months 29 days ago

Great post,wifikill apk really responding to your commenter comment really encourage good number of comments, its make the commenter feel important and grabbing the attention of the blog owner…wifikill apk download

shareit apk
2 months 29 days ago

Great post.shareit apk My comfort zone is a tiny place. Fortunately, I often leave it.shareit apk download

mobdro apk
2 months 29 days ago

Thanks for taking the time to comment,mobdro apk I hope this post helps you comment on future posts, here and elsewhere!mobdro apk download

game guardian apk
2 months 29 days ago

I agree,game guardian apk the comments are nearly the best part of blogging. I love when I start to get my own little tribe of regular commenters. So fun. But for a long time I was hesitate to comment on other blogs.game guardian apk download

flappy bird apk
2 months 29 days ago

I should also add that making a good comment on a blog post is NOT about advertising your product!flappy bird apk But I guess people who are spamming the comments section with advertisements aren’t concerned with making good comments or contributing to the discussion…flappy bird apk download

vodafone
vodafone
19 days 8 hours ago

vodafone customer care

vodafone
vodafone
19 days 8 hours ago
aadhar card
aadhar card
19 days 8 hours ago
epf balance
epf balance
19 days 8 hours ago
passport
passport
19 days 8 hours ago
wpDiscuz