This Is When A "Calorie Deficit" Won't Work
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- čas přidán 2. 06. 2023
- The sunk cost fallacy is a cognitive bias that leads individuals to make irrational decisions based on past investments, even when those investments are no longer recoverable or relevant to the current situation. The term "sunk cost" refers to any cost, whether monetary, time, or effort, that has already been incurred and cannot be recovered.
The fallacy arises when people allow their emotions and attachments to past investments to influence their decision-making, instead of objectively evaluating the current circumstances and future prospects. Essentially, they become fixated on recouping their sunk costs, often at the expense of better alternatives.
To understand the sunk cost fallacy, let's consider an example. Imagine you bought a non-refundable ticket to a concert, but as the concert day approaches, you realize you have other commitments and it's not worth attending. Despite knowing this, you might still feel inclined to go simply because you don't want to waste the money you spent on the ticket. By attending the concert, you are prioritizing the sunk cost over your current circumstances and preferences.
In a business context, the sunk cost fallacy can have significant consequences. For instance, a company might invest substantial resources into a failing project. Even if it becomes apparent that the project is unlikely to succeed or provide any substantial returns, decision-makers might be reluctant to abandon it because they have already invested so much time and money. This mindset prevents them from objectively evaluating the project's potential and considering alternative paths that may yield better outcomes.
There are several reasons why people fall prey to the sunk cost fallacy. Firstly, individuals often have a strong aversion to loss. They feel that if they abandon a project or decision, they will lose not only the resources already invested but also the potential gains they anticipated. This fear of loss can cloud judgment and lead to continued investment in futile endeavors.
Secondly, social and psychological factors can contribute to the sunk cost fallacy. People might feel embarrassed or perceive a sense of failure if they abandon a project that they previously championed. They may worry about how others will perceive them or fear being judged for making a "wasted" investment. These concerns about reputation and self-image can significantly impact decision-making.
Overcoming the sunk cost fallacy requires a shift in mindset and a focus on rational decision-making. Here are a few strategies to mitigate its effects:
1. Recognize sunk costs: Understand that past investments are irrelevant to future decision-making. Separate the emotional attachment to sunk costs from the current situation.
2. Evaluate alternatives objectively: Consider the current circumstances, prospects, and potential outcomes without being influenced by sunk costs. Analyze the situation as if no prior investment had been made.
3. Seek external perspectives: Discuss the situation with colleagues, mentors, or trusted advisors who can provide an unbiased viewpoint. They can help you assess the situation objectively and challenge any irrational attachments to sunk costs.
4. Learn from experience: Reflect on past instances where the sunk cost fallacy affected your decision-making. By understanding your own tendencies and biases, you can become more aware and avoid similar pitfalls in the future.
In conclusion, the sunk cost fallacy is a cognitive bias that leads people to make irrational decisions by prioritizing past investments that are no longer recoverable. It can manifest in various aspects of life, from personal choices to business decisions. Recognizing the fallacy and adopting rational decision-making strategies can help individuals and organizations avoid unnecessary losses and make more informed choices based on current circumstances and future prospects.
James
P.s I used licensed music therefor I have to paste this rubbish down here.
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For any of you triggered by this video: maybe this video doesn’t apply to you. Maybe you’re in denial. 😅
Absolutely right. Denial is a big issue too but nobody can change that. First they need to realize what's the issue and face it and make some changes. A lot of people know what's happening but don't bother doing something about it. For different reasons.
And I'm one of these people who didn't quit the job until I had a panic attack. Until the last minute, because I was doing nothing until it was almost too late. 😅
True James! Like the style of your videos. This kind of older brother and street smartness.👍🏼 I’m sure you are helping thousands or millions of people! ❤
Very good video
I appreciate this video greatly. I’m in a 20+ year relationship that I’m just not happy in and this was something I needed to hear as my “older brother” 😂
James you're a legend! You've blended psychology, fitness and motivation into so many videos. No BS, no click bait keep it going pal!
Wtf. Listen THE ONLY WAY TO LOSE WEIGHT IS CALORIE DEFECIT. PERIOD!!!! NO DISCUSSION
I paid over £1000 for a big sofa that filled out most of my living room. It was making me so depressed because I could barely move around due to the size of it. I didn’t want to get rid of it because it cost me so much money and I couldn’t sell it for some reason nobody wanted it. Eventually, I donated it and the feeling of absolute relief was unbelievable I felt completely free and was so glad to finally get rid of it.
If something is weighing you down, let it go. Life has enough weight without having to carry extra.
This upload definitely hits home. The idea of creating better environments rather than solely focusing on limiting enjoyment through food is underated. Great video
Wtf. Listen THE ONLY WAY TO LOSE WEIGHT IS CALORIE DEFECIT. PERIOD!!!! NO DISCUSSION
Completely agree. I don’t know why no else is mentioning this main factor. I seen a therapist for stress and anxiety a few years ago. She told me that there was nothing wrong with me and it was the fact I was in job I hated and a relationship that was terrible for me. Right now, work and relationship is great and my fitness is great. No coincidence. Cheers James 💪
I've been working at McDonald's for the past 6 months, and it's really starting to depress me to sell people their fixes.
I didn't want to think about quitting because I thought it was a sign of weakness.
This video is exactly what I needed. I'm going to try to find something closer to the field I want to be in, and sooner than the originally intended one year working at Maccies.
Thanks for this James.
I love your videos.
This is so true. So many people i know are living for the weekend while feeling shit during the week. Any advice you give them will be blown away by excuses just like you say!
Wow the sunk cost fallacy hit me hard, especially since i choose the wrong course and the wrong college
This is so spot on. A level of depth and actually nailing a very complex issue that most try to make simple.
Weight loss and a calorie deficit in and of themselves are very simple but creating the correct headspace for them to exist consistently is often much harder. Once the mind is fully content and aligned then fatloss becomes easy.
Wtf. Listen THE ONLY WAY TO LOSE WEIGHT IS CALORIE DEFECIT. PERIOD!!!! NO DISCUSSION
Honestly so true. I recently left a job I was hating and almost instantly my training and diet improved, and I’m much happier and more engaged in my relationships. Brilliant advice.
Bruv, you are a legend and I thank you from the bottom of my heart. This video has come at precisely the right time for me, and has put a positive spin on the ending of an unhappy situation. Cheers fella!
This was your best video ever! 6 minutes of pure wisdom. A recipe for success if you understand the philosophy and apply it. Thank you, James!
Preach! I think this relates strongly to the quote you mentioned about “A person that loves to walk will walk further than a person that loves the destination.” I remember after I finished uni I researched a lot of very successful people who sold their businesses and achieved their career goals and 9/10 they all end up depressed because it wasn’t the goal that was making them happy, it was the fulfilment they gained from the process. Look at Notch who sold Minecraft, that guy spiralled into depression and drugs after he sold his life’s work to Microsoft.
So true, any time my diet has been at it's worst, my mental health has also been at it's worst. I've been optimising my diet to get the most out of my training but I've been wondering why I'm so committed to it now when I wasn't a few years ago and this video really solidified why it works now but it didn't a few years ago. Keep up the great content!
Similar story for me but it took me a while longer due to being caught in the 'pension trap'. I hated my job but I needed to serve another 5 years in the forces to secure an immediate pension and substantial cash payout. I hated every second and my mental health suffered massively! Every day I would ask myself if the pain I was putting myself through was worth the financial reward at the end of it. Thankfully I made it with my mental health intact. With my gratuity I set up my PT business and I've never looked back. I earn less now than when I was in the forces but I am infinitely happier!
Glad to hear 🤝
@@treesoul00 was in a similar situation after 12 years in the police. We called it the golden handcuffs. I left, reskilled and now work in the video games industry. Absolutely no regrets! Life’s too short to grind out just to enjoy the last few years.
Were you brittish forces btw? Just wondering
@@sportscardlad9726what kind of work in the video games industry if I may ask? Going through a same situation in the airforce. Getting paid damn well but absolutely hate my job & can’t stand being away from home all week. I admire your decision to quit man💯
@@sportscardlad9726 10 years, considering the jump.
I needed to hear this today, I am totally in agreement with you James, well said it from start to finish! Thank you.
Greatest video I've watched in a while - thank you for sharing this wisdom, James. It remains true time and time again
This definitely hit home! Appreciate your thought process, time and energy to discuss and communicate such vital content with us while being absolutely real and to the point with it!
Makes sense…for me, after the loss of both of my parents, my recent weight loss and health gains were confluent with grief counseling/making a concentrated effort to heal. Both involved removing limiting beliefs.
Sorry for your loss. Hope you’re doing great! 🙏🏻
Needed this today. Much love from a long time Aussie fan 💪🏻
Great Video James, good when you mix it up a little and give great advice, something for everyone in there.
James, this video is brilliant. I hate my job, so I eat more to numb myself (So I get fatter and thus feel worse about myself and use food to make me feel better), and I never go to the gym after work because I'm too emotionally tired, but I know the gym will fix my mental health. After watching your videos, you make more sense than 99% of the CZcamsrs trying to sell us things. Keep up the great work! :)
Watched a bunch of videos during my holiday… I liked this the most… kudos
Mate you a churning out good content like a proper soldier! This is a great video!
This video was a lot deeper than I expected. Needless to say, great video!
Wow I needed this!
Solid stuff Jimbo!! Your articulation and tembre are exhilirating, thanks for all you do, no bullshit straight talkin 💪
In six weeks time I will leave a career I've been in for 12 years and in September I start a job having taken an enormous pay cut. I am so excited and the moment I made the decision to leave it was like a weight lifted of my shoulders. My new job might not be forever but I know I'll never let myself be miserable for a decade ever again.
Wow, love this! Tackling fitness from all angles! Amazing ❤
Love it. Straight facts. Keep doing you, James 👏🏼👏🏼🍻
What an awesome way to think about life! 100% agree with what you've said in this video!
That resonated big time 😮
Liked and subscribed 👍
I’ve noticed you’ve been uploading every day, keep up the good work
bro this is the most insightful video i have seen in years.... truly thank you
Wow mate have not seen a one that is as real and as helpful can not believe that CZcams took so long to show me your videos
Thanks
Powerful message, body and mental health go together, thanks man
Amazing and truly inspirational. I agree with everything you said. Humans have the potential to be limitless when we are in balance and do what we love. It's a heck of a struggle and a challenge to find it, but one of the steps to conquer is that fear or that first 'peak' , even, out of the "comfort" zone (which is usually NOT comfortable at all, really, because you hate your current life). Mate, you've earned yourself a new dedicated follower. Awesome, awesome stuff and I am incredibly happy that you found your calling, and I truly admire that you were able to take the life leap to follow your best self!
The motivational video I had no idea I needed. Thanks as always JS. Dropping the truths 👍🙌🫶
What awesome advice - it’s what, deep down, everyone knows to be true…….but sometimes people need it spelled out for them. Keep this type of content coming James 🤜🤛
Superb video James. I do think happier people are very often healthier people.
Spiting straight facts! Thankful 😊!
Sorry I keep commenting but Bravo sir!! 👏 So we'll put
Wow, that was a great video! Great points to reflect on.... At present I can stick to my nutrition and training, but it's because I've prioritized myself... I can mean that you have to drift away from people who don't support you in your journey and maybe walk alone for a while. But ouch, professionally I am completely stuck... I will really reflect on it, thank you for making me think 😊
You really give a different perspective in life that people can look out for, thank you for this one!
Thanks for this video- just what I needed bro!
Top man, thank you for this. I really needed it and hopefully the joy will return to my life soon.
I'm 66 and still learning. Now, I'm learning from you. Thanks.
Love your videos James you talk alot of sense keep em coming 👍
This is so true, love your point of view! 🤗
Loved this video mate!
love this dude!
Exceptional advice! I feel fortunate to be where I am (yes there are still things I would like to change), I find it “easy” to train hard and eat how I need to because all of the other things have fallen into place in recent years. You are absolutely spot on with this video 👌🏽💪🏽
Great video James. Nice to see such an insightful, gentle side of you mate.
Amazing message. Thank you
So good, James! Thank you.
I love this! Very very wise words and makes a lot of sense!
For years i worked in the hospitality business. Just before Covid, i herniated a disc at work, and then Covid hit and misery was at its highest. I could not create a routine to work out, or even work on some side stuff i always wanted to do because of the 12/16 hours shifts and the amount of physical work i had to do. Last thing i wanted to do after working a wedding and staying after midnight was to get up early and work out. So i quit, sat on my ass and got into IT. I knew about all the corporate stereotypes, negativity surrounding it, but wanted something with a normal schedule. Most of my close friends are in IT also, so i guess i was partially influenced by their experience. I now have a routine i can follow, i work out regularly, and my relationship with food definetly improved. Granted, i have been working this job for 8 months, but i feel way different than when i worked in hospitality. I totally get your idea behind this video, but at the same time, i have not reached the point where i start to dread coming to work, maybe this will happen to me too, who knows. 😅
wise words James, as usual, thanks!
Amazing! Loved this quick piece of advice.
Great advice. I agree with everything you have said in this video. I dislike my job, but most things outside of it are great. However I've got 4 years left of my crappy job until I get something that'll make me happier(🤞🏼). I've struggled to get motivated to workout until about 2 months ago when I decided that I need something to look forward to at work. And that is to workout in the work gym, it's that little break from a crap job and now I feel better for it. I've just subbed to your channel and really enjoy the truthful straight to the point advice 👍🏼
Wow, spitting facts today , like church sermon, praise be to you.
Great advice, overeating is basically always a symptom. If you treat the symptom only, the disease comes back, and often with a vengeance (yo-yoing, gaining even more weight than before). I would add that in many cases therapy is a great tool, but you really have to make a conscious effort to share and be open to it. And yeah, try not to lose weight for the sake of losing weight, always have a good reason behind it. I lose weight, I can live longer. I lose weight, I will have the energy that's needed to hustle my true plans. Think of it as a tool that will allow you to get there, to maximize your chances to get what you really want out of your life.
Shout out to having Lane 8 playing in the background! Great taste mate. Great video. Keep killing it!!!
Thanks for the reminder
This is a great one.
Straight facts from the truth 🐐 👌
Damn. Nothing but facts and I am one of the guys he is talking to. Real eye opener. Motivating too. We all need to do better and get out that comfort zone. Nothing but respect for you, James. Legend
This is 100% accurate. Seriously valuable information.
Thanks for this, made me even more motivated.
Finally found someone who makes sense. Thank you. I have just purchased your book, Not a Diet Book. Can't wait to read it 😊
Thank you ❤
This is the truest video about life satisfaction and weightloss. 100% true and I know from experience.
I was extremely unhappy in a corporate job and over a period of 3 years I ballooned up to 135kg at my peak. Purely through being unhappy and thus not having the energy to go to the gym or cook healthy food. Just eating takeaways and sleeping poorly.
Since quitting that job June 2019, moving abroad and doing my own thing - I've slowly and considently got into the best shape of my life. Now very happy and content with my work and relationships and sat at 84kg.
Much of this doesn't apply to me at this point in my life now (I'm 28) after making the same changes, but retrospectively certainly did when I was younger.
This is the response you should have if you aren't the audience for this message. If you get in any way "offended" by it, you're absolutely the person who needs to hear this the most.
Great video brother!
Damn, so real. Thank you!!
Excellent video, 100 % TRUE….I have struggled in dieting due to the stress of negative input from those that are supposed to be closest to me.
This resonates. For different reasons, but still helpful. 🙏
I can relate to this so much. You can be SO productive when you love your life! I’ve never hated my life, but in the last 2 years I’ve made some changes like moving out, changing careers (twice), reading. I finally love my job, Ive stopped sharing my energy with the wrong people, I’ve started to work on my online business, and I have never been more productive and happy in my life! The best part is, I’m just getting started.
Thanks for putting this out there👏🏼
Top videos as per usual lad, salute.
You deff deserve more subs mate.
Wow!!!!! When did you get so philosophical 👏👏
I did exactly the same thing i cut down my hours at work, which i do happen to love, most of the time, only work 3 days, my husband hasn't worked for 15 year's, we changed our life style and realised that you dont need loads of money, just enough to live, its the simple things in life that matter an make you happy, when i got rid of the negative things i discovered the joy of exercise to keep fit the joy of good food and losing weight was a by product of me changing and loving life, if i can do it at 50 anyone can. Love this message, thanks James ❤
I feel like you just made this video for me 😂😂 good stuff
This is gold!
Relevant topic for me at this time. I’d appreciate a longer video about relationships especially. Keep it up
Yes bro. Absolutely true
Absolutely banging vid, James. Made a load of sense. Fortunately I’m getting laid often, have a great job and am currently enjoying my cut. For those less fortunate, this will help them hugely.
LEGEND I just turned the biggest corner today and got out of a toxic relationship now it's my turn to shine like I used to in my 20's
Why the hell hasn't everyone else mentioned this I sat I just watched this after the most mixed up day from the time I woke up this morning........thank you James the light bulb has finally turned on again
Steph 🇮🇪 Ireland
This is absolutely true. I was fired from a job I hated a few months ago and have taken a break ever since - my weight has started dropping off with little to no effort and I've become a lot stronger because I have the mental capacity to make smart choices, to enjoy salads and not have to reach for convenient sugary snacks.
I also have a job lined up that is PERFECT for me and my lifestyle, where I know I can thrive and continue living my best life (while earning money again lol).
I really hope people see this and feel inspired to make these changes, because as you said they're life-changing for the better.
I couldn’t agree with you more. I was in a relationship that I felt isolated and just forced to stay in. (And a few other poor lifestyle choices) As a result I would constantly diet for a couple days and then binge eat. Never making any progress. When I finally had the balls to leave, everything in my life went up. Im currently in the best shape of my life, my work life is amazing and I can quite honestly say I am in the best place mentally and physically ever. This video is facts 👏🏼
Love this content, class
I used to hit dabs before work and on my lunch breaks at my last job because it was the only way I could enjoy being at work. What you've said in this video is incredibly true. My current work isn't my dream job, but I enjoy the work enough to not be miserable all day and that enjoyment bleeds over into the rest of my days.
Spot on mate!
Another great vid James! Can you make a video on how many reps and sets you need for strength vs muscle building vs both?
as someone who is just about to lose his job, i can confirm this. the fact, that circumstance chose for me makes me mentally free for which i could not do on my own.
I lost my job in 2006 - went through a disciplinary procedure and was devastated but it ended up being the best thing that ever happened to me - went self-emloyed/started my own business doing something I love - Never been happier and in the time since I was also able to quit smoking, drinking and recreational drugs and get fit. It's not rocket science.
@@martynbonanza I quit my job to do more drinking
Absolute quality and very much on the button 👌
By far the best video you’ve done, excellent 👍🏻
Exactly my thoughts
Fantastic video thank you
This is so true, currently experiencing it myself with work and my comfort eating returned with a vengeance 🤦🏻♂️
Good words. Thanks.
It's not even just dissatisfaction with work or a relationship - so many causes or elements of negativity or difficulties in mental or emotional states can cause unhealthy relationships with food like this. It's so easily overlooked or dismissed, when it seems to be the most important factor
Thank you 👏👏👏👏