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Description

There's a story about how to catch a monkey. You place its favorite treat in a box with a small hole. The monkey can slide its open hand in, but once it clenches its fist around the treat, it can't pull its hand out. The monkey is trapped—not by the box, but by its own refusal to let go.

In a recent episode of the Personal Mastery Training podcast, hosts Alvin Brown and Dr. Charlie Cartwright use this powerful metaphor to explain the Sunk Cost Fallacy: the psychological trap that keeps us invested in failing relationships, dead-end jobs, and bad decisions long after we should have walked away.

Key Highlights from the Discussion

The Takeaway

Look at your life. Where are you the monkey with its fist stuck in the box? What "treat" from the past are you refusing to let go of, even though it's keeping you trapped? The first step to freedom is recognizing that the cage door is open. All you have to do is unclench your fist and walk away.