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Theirs a few reasons at play that motivate people to NOT return the money. * Sunken cost fallacy (we can still make a come back!) * Failure is unacceptable (r
by ben_jones 10y ago
Theirs a few reasons at play that motivate people to NOT return the money.
* Sunken cost fallacy (we can still make a come back!)
* Failure is unacceptable (returning money is accepting utter failure)
* Returning money means you no longer possess it or the power / reputation it yields (you will no longer get a generous salary for example)
* Returning hundreds of millions of dollars with a multi-billion dollar loss is a joke to begin with
- arcticbull 10y ago> * Returning hundreds of millions of dollars with a multi-billion dollar loss is a joke to begin with. That's the definition of sunk cost fallacy isn't it? It's seeing yourself as someone who lost $9B not someone who has $200M :) that was a good life lesson for me personally.