Rich pulled a boomerang fish act and headed back to Northland College after two miserable weeks at George Washington University. I think he did the right thing and spend this Geezercast exploring the difference between a good decision and a bad outcome (along with embarrassing Richard all to heck, which is my duty as a parent). Along the way I talk about sunk costs, “Blink” and why I think sometimes we put too much emphasis on “toughing it out” when in fact you shouldn’t — a lesson that applies to business as well as personal decisions.

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