Learn what the sunk cost fallacy is, why people stick with bad decisions, and how to recognize this bias in money, work, ...

Forbes contributors publish independent expert analyses and insights. Dr. Tracy Brower writes about joy, community and the future of work. Great leaders want to do their best, inspire people and ...

Many people are bad investors largely because they aren't skeptical enough: They react emotionally and they don't understand compound interest, said Barry Ritholtz, chairman and chief investment ...

Forbes contributors publish independent expert analyses and insights. Catherine Brock covers personal finance and investing. A recent report from financial services consultant DALBAR concluded that ...

Imagine this scenario: Julie's doctor is accustomed to self-pay patients. A large proportion of the practice is made up of patients who don't have traditional insurance. Her doctor wants to order an ...

Barry Ritholtz had a hard time writing his first book, “Bailout Nation.” Drafted in the midst of the 2008 financial crisis, the biggest challenge, he said, was that a different company “would blow up” ...