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Sorry if this is blunt, but playing the long game still requires that you take into account common fallacies, like sunk cost. Maybe successful people who played
by tw1010 8y ago
Sorry if this is blunt, but playing the long game still requires that you take into account common fallacies, like sunk cost. Maybe successful people who played the short game did so because they skipped from opportunity to opportunity once they realized their investment wasn't going to be worth it in the long run.
- jondubois 8y agoBut what is the difference between sunk cost and necessary persistence? Sometimes it's not obvious at all. There are many cases of people who were failing for decades but they persisted and then out of nowhere they got their big break. There are also many cases (probably even more of them) where people persisted but went nowhere. It's only sunk cost in hindsight.