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Tuesday, April 02, 2013

The Painful but Liberating Lessons of a Career Failure - NYTimes.com

Sometimes saving face results in just the opposite, forget the past and build a better present. Steve
Human beings, by nature, don’t like to turn their backs on what are called “sunk costs,” said Craig Fox, who teaches decision-making at the University of California, Los Angeles. When a lot of money is put into something — the dream of a small business, stocks or even an education — and it can’t be recovered or is otherwise “sunk,” few of us can just walk away.Basically, no one likes to lose face.The Painful but Liberating Lessons of a Career Failure - NYTimes.com