There's a fine line between persistence and sunken cost fallacy. Professional Poker players know that when pot odds are 33% for a given hand, they must consis

There's a fine line between persistence and sunken cost fallacy. Professional Poker players know that when pot odds are 33% for a given hand, they must consistently play that hand at least 3 times for the odds to fall in their favor. To the Author's point, though, betting on people is less about odds and more about politics... so failing projects are likely to continue failing.