Reveling in the Chaos of It All

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Life Advice

What is Sunk Cost Analysis?

Sunk cost analysis

Sunk Cost Analysisis a way of making decisions that ignores any costs that have already been incurred and cannot be recovered. These costs are known as “sunk costs.”

The key principle of sunk cost analysis is that only future costs and benefits should be considered in a decision, not past expenditures, since the latter cannot be changed and should not influence the rational assessment of a viable option.

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Life Advice

Challenging Yourself is the Only Way Forward

Look, I’m not going to sugarcoat this. If you want to make any real progress in your life, in your career, in your relationships – you’re going to have to do some seriously uncomfortable shit. There’s no way around it.

For too long, you’ve probably been tiptoeing through life, desperately trying to avoid anything that makes you remotely uncomfortable. You stay in your cozy little bubble, never venturing outside of it, never truly challenging yourself. And where has that gotten you? Nowhere fast, I’d bet.

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Links

Linkage

When Can You Legally Shoot Someone on Your Property? – Life Hacker

5 Questions From History, Answered – Ned Hardy

This is a great supplement for your dog if they are experiencing an upset stomach, loose stools or any other digestive issues – Amazon

Here’s how to retrain your brain to crave movement more than screen time – NPR

The controversial anti-poverty solution coming to public schools – VOX

20 Funny Images Showing How Differently Men and Women Act – Linkiest

Suspected 4chan Hack Could Expose Longtime, Anonymous Admins – Wired

When Do Viewers Get Hooked on a TV Show? A Statistical Analysis – Stat Significant

30 Memes To Help You Understand People Who Suffer From OCD Better – Ned Hardy

Great everyday chef knife that will last a lifetime with the right care. It is very light and nimble, has superb sharpness and holds its edge well – Amazon

How to Distinguish Between Wants and Needs – Becoming Minimalist

The World’s Top Media Franchises by All-Time Revenue – Visual Capitalist

The Key to a Good Life? Lose Yourself in Something – The Growth Equation

How To Raise A Polite Kid, But Not A Brown-Nosing Suck-Up – Fatherly

20 Ways to Teach Kids How to Save Money Responsibly at Any Age – Money Crasher

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Linkage

These 16 Dads Didn’t Want a Pet… Until They Found Their New Best Friend – Ned Hardy

If you are a drip coffee person, this thing will produce the best tasting coffee for you and will last forever – Amazon

How a Secretive Gambler Called ‘The Joker’ Took Down the Texas Lottery – WSJ

The Ultimate Rich Kids Were the Children of Famous Explorers – Atlas Obscura

New airport rules will get rid of boarding passes and check-in – The Times

The biggest trial in Meta’s history starts Monday. Here’s what to know – NPR

This tiny screw is powering the humanoid robot revolution – Fast Co

30 Photos That Feel Like a Warm Hug From the Past – Ned Hardy

This is a pocket-sized lifesaver that instantly erases surprise stains so they don’t set and ruin your clothes later – Amazon

What’s the Worst That Will Happen If You File Your Taxes Late (or Not at All)? – Life Hacker

The Best Ages for Kids to Learn to Read, Speak New Languages, and Other Skills – Popular Science

My Life Cleanse: One Month Inside L.A.’s Cult of Betterness – GQ

The Life of a Private Chef to Pro Athletes – Pop Sugar

The 10 Most Genocidal Leaders in World History – Linkiest

Restaurant owner accuses customers of refusing to pay bill in front of entire restaurant.. only to realize he was wrong and still not apologize – Reddit

Links

Linkage

5 Historic Photos That Speak Volumes – Ned Hardy

If you are serious about coffee, you need a coffee scale because precision is the key to consistency—and eyeballing just doesn’t cut it when it comes to perfect brews – Amazon

Meet the Company That Sells Your Lost Airplane Luggage – The Hustle

Taking one personal finance class in high school has a lifetime benefit of roughly $100,000 – CNBC

7 Brutal Truths About Leadership Not Too Many People Want to Hear – INC

Beijing slaps 125% tariffs on U.S. goods in latest U.S.-China trade escalation – NPR

Is It More Important to Run Faster or Run Longer? – Outside

The Best Thing for Back Pain is Actually More Movement – Popular Science

A Few Photos That Will Remind You That Life Is Beautiful – Ned Hardy

Why have I waited so long to buy this?? If you want to organize all your batteries in one place and avoid clutter, get this – Amazon

American Arrested in Thailand for Allegedly Criticizing King – Fodors

7 Things You Probably Didn’t Know About Hitler’s Wife, Eva Braun – Linkiest

Which Movies Have “Aged Poorly”? A Statistical Analysis – Stat Significant

The world’s biggest animal cruelty problem, explained in one chart – VOX

ChatGPT will remember everything you tell it now – ZD Net