Meaningful Living

  Most Chinese would know the phrase 得饶人处且饶人, which means, to forgive others whenever we can. This has been a very useful strategy for the Chinese.  Because when we force someone into a corner, we may trigger his need and urgency to fight back. This can then put us into a less advantageous position. There is another saying 狗急跳墙 : When a dog panics, it can jump over a wall. Hence, do not press the super-power button on your enemy. But, many Chinese would not know the full context of the former phrase.  It came from a high priest who gained enlightenment by spending many years playing the Chinese Go, and finally understanding the deeper meaning in it. 烂柯真诀妙通神 一局曾经几度春 自出洞来无敌手 得饶人处且饶人 Literal translation:  The game of Chinese Go is intriguing. One could spend a few years on a game. Never met a stronger opponent after coming out from the cave (meditation/enlightenment). Forgive others whenever we can.  Referring to the context from "never met a stronger opponent..."....

Sunk Cost : In economics terms, Sunk Cost is the amount of money already spent / invested that cannot be recovered. A simple way of explaining Sunk Cost Fallacy :  A situation where we feel that we have put in too much money (in relative terms), that we tell ourself not to quit that project/investment.  This fallacy can also be used in other areas like time, relationship, studies etc. Examples: 1.  You invested some money in the stocks of a company.  After a while, the stocks is not doing well, and you are starting to lose money.  But you held on to the stocks, as you do not want to waste what you have invested, and hoping that it will do well again. 2.  At the casino's slot machine, you have already dropped a lot of chips into the machine, and the bets put in outweighs the winning.  You chose not to stop, because you have already bet so much, and you hope luck will be on your side soon. 3.  After being with a girl for five years, you realised tha...