MONEY 94 words
Reframe a Sunk Cost Investment Decision on Its Current Merits Only
Money already spent has no bearing on whether an investment makes sense now, but it feels like it does, which is the whole problem. This strips out everything you have already put in and asks the one honest question: would you open this position today with no prior stake, then names exactly which sunk cost bias is clouding the answer.
I have a position or investment I am reluctant to exit because of what I have already put into it. {INPUT} = [describe the investment, amount already committed, and current outlook].
Strip out everything about what has already been spent or committed and evaluate {INPUT} purely on forward looking merit: would I open this exact position today, at today's price, with today's information, if I held no prior stake in it. Give a one paragraph honest answer, then name the specific piece of sunk cost thinking most likely distorting my view of this. ⚠ human-in-the-loop: you are responsible for the results of using this prompt, not us.