Episode Details
Back to EpisodesWhy You Can’t Just “Let Go” - Loss Aversion and the Cost of Staying Put
Published 13 hours ago
Description
Humans are wired to avoid loss more than to chase gain, and Hillary explores how that instinct keeps us stuck in jobs, relationships, and patterns we’ve outgrown. Drawing on loss aversion and the sunken cost fallacy, she shares how it showed up when she left law, and why not changing is really a choice to walk away from your potential.
In this episode:
- What loss aversion is, and why we’d rather not lose $100 than gain $100
- The sunken cost fallacy: staying because of what you’ve already invested
- Why not changing is a choice to quit your potential
- A monk’s teaching about pain
- Why the pain you’re avoiding is often the pain you’re already living
- Retraining the mind with new evidence and a new story
- How to tell a reactive exit from a clear, complete one
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