What is it called when you refuse to back out of something bad because of the large investment you put into it? and 44 - race 3 - Great Investment (#2) w/ Larry Lake in the winner's circle

What is it called when you refuse to back out of something bad because of the large investment you put into it?

What is it called when you refuse to back out of something bad, like an investment, because of the time and resources you already put into it?

There is a term for this.

Many people refuse to back out of bad investments because they invested so much into it and think it's going to go up. There is a term for this.


Investment best answer:

Answer by underexposed...
insanity, pigheadedness, myopic ...these terms come to mind

Investment

44 - race 3 - Great Investment (#2) w/ Larry Lake in the winner's circle


Image by CMCoolidge
Great Investment (#2)
Dr: Larry Lake
Tr: John Bangert

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