sunk cost fallacy
Way too many people make the mistake of sticking with things, even when it no longer makes sense to do so, because they've so far excelled at them. It explains high school valedictorians competing to replicate feats in colleges. Explain why people stay in relationships in which they've supposedly invested. And why students glorify the idea of finishing with a first. or idolize those who do, should they end up failing to get it.
Peter Thiel, in Zero to One, wrote that all Rhode scholars had a great future in their past. And I daily struggle to unsee the facts.
Thinking of it these days reminds me of the sunk cost fallacy. Heard of it?
Imagine you wake up on a day to go grocery shopping at a store 45 minutes away from you. Now, if 30 minutes into the walk, you all of a sudden remember the store is closed for that day. Would you keep walking to the store because it's just 15 minutes away and you've walked 30 already? or would you pick up your phone instead to google a nearby open grocery store?
Do you understand what i'm getting at?