29. How Do You Know When It’s Time to Quit?

In this episode of "No Stupid Questions," Angela Duckworth and Stephen Dubner delve into the complexities of deciding when to persevere ("grit") and when to quit, exploring the psychological and economic factors that influence such decisions. They discuss the sunk cost fallacy, opportunity cost, and the emotional challenges of quitting, using personal anecdotes and research to illustrate their points. They also touch on the difficulty of predicting success in various aspects of life, from marriage to career, and discuss strategies for making better decisions about when to stick with something and when to move on.