The Power of Regret – Wonderful Insight

The insight has been adopted from Daniel Pink’s book The Power of Regret and makes us aware of this common human psychology that leads us to make wrong decisions. Whenever you foresee something to be a failure we should stop investing our energies and not let emotions come in between our actions. This can help in better informed decision making.

“The psychological concept is known as “escalation of commitment to a failing course of action.” It’s one of the many cognitive biases that can pollute our decisions.”

Daniel Pink

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