The good ol' sunk cost fallacy.

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Oct 23, 2017
4:58:06pm

Mr. Scoobs All-American

The good ol' sunk cost fallacy.

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Mr. Scoobs

Previous username: Alm
Bio page: Mr. Scoobs
Joined: Sep 8, 2011
Last login: Apr 28, 2024
Total posts: 12,051 (184 FO)

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Messages

Author

Time

IBM CEO to VP that had lost the company $10M in 1970's

DesertBlues

10/23/17 4:52pm

4 years. I give every coach 4 years.

LosAlcoug

10/23/17 4:57pm

I give coaches 3 yrs with an option for a 4th

CaliWG

10/23/17 5:15pm

Reach a bowl game next year and you get to stay. That's how I feel.

10/23/17 5:17pm

At byu 3 years means you won’t get to use

LosAlcoug

10/23/17 5:28pm

If you’re going to give a regular coach 3 years, you’d better give BYU’s 5

antiyewt

10/23/17 5:37pm

If there isn't significant improvement by Year 3, he's likely not a good coach

CaliWG

10/23/17 5:46pm

nailed it

10/23/17 6:45pm

Simply not true... especially with a first time HC/OC

jomo

10/23/17 10:51pm

The good ol' sunk cost fallacy.

Mr. Scoobs

10/23/17 4:58pm

^^^^^^^spot on

SneakerPimp

10/23/17 5:35pm

<< Deleted >>

Blue2thebone

10/23/17 10:31pm

It *can* be a fallacy... but not always... booo

jomo

10/23/17 11:01pm

So a human (coach) is static in value and value is absolutely win to loss ratio?

cdr88

10/24/17 6:19pm

After the train wreck let's give the train conductor another 2 years!

MichCoug

10/23/17 4:58pm

Your horse is struggling to swim mid-stream... shoot it in the head

jomo

10/23/17 10:52pm

Metaphor fight!!!! Your captain crunch cereal is getting soggy. You dunk your toast in the milk.

mvtoro

10/24/17 12:14am

This is a dumb story and has no application to our situation.

macdizzle

10/23/17 5:00pm

lol

10/23/17 5:02pm

I guess this could be hard to follow, let me help explain

DesertBlues

10/23/17 5:27pm

Wait, Kalani is getting lessons from Holmoe on how to run this? Yikes. You know

Ash

10/23/17 7:44pm

Hmm, it didn't say that at all. The lesson is taught by life in both instances.

ArchbishopMitty

10/23/17 10:36pm

For that story to have any validity, you must deliver the prestige

Left Shark Coug

10/23/17 5:02pm

RE: For that story to have any validity, you must deliver the prestige

CDV

10/23/17 5:21pm

Was this a first time CEO talking to someone fresh from high school?

Mr. Scoobs

10/23/17 5:04pm

Urban legend.

MichCoug

10/23/17 5:46pm

^^^ he worked at IBM

Catfish

10/23/17 6:05pm

I am familiar with this story and it is true. However there is a second part

Blue2thebone

10/23/17 10:34pm

I don't think you are as familiar with the story as you think you are

DesertBlues

10/24/17 12:14am

Did your tic meter not bring a smile to that face of yours?

Blue2thebone

10/24/17 6:21pm

Snark at the wrong time is bad manners...despite being an online forum.

BYUSwoop

10/24/17 7:04pm

Zero snark at all

Blue2thebone

10/24/17 8:01pm

Every coach should have a few years to get his guys and his system in place.

ArchbishopMitty

10/23/17 10:37pm

How long you wanna wait?

canofpicante

10/23/17 10:49pm

As long as it takes to be successful... people who expect that to be 1 year are

jomo

10/23/17 11:03pm

4 years, with the carve out that if year 3 shows no improvement

DesertBlues

10/24/17 12:23am

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