What is Sunk Cost Fallacy?
Sunk Cost Fallacy — Sticking with a losing investment because of what you’ve already put in, rather than its future prospects.
In simple terms
Holding a dud stock “to recover my money” is the sunk cost fallacy.
Why Sunk Cost Fallacy matters when you invest
Understanding sunk cost fallacy helps you make better-informed decisions when you invest and trade on ROAR by DP TradeKING. Open a free account to put it into practice — ₹0 delivery brokerage and zero-commission direct mutual funds.
Sunk Cost Fallacy — frequently asked questions
What is Sunk Cost Fallacy?
Sticking with a losing investment because of what you’ve already put in, rather than its future prospects.
What does Sunk Cost Fallacy mean in the stock market?
Sticking with a losing investment because of what you’ve already put in, rather than its future prospects. Holding a dud stock “to recover my money” is the sunk cost fallacy.
Can you give an example of Sunk Cost Fallacy?
Holding a dud stock “to recover my money” is the sunk cost fallacy.
Put it into practice — open a free account.
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