Knowing When To Cut Your Losses - Jocko Willink

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  • Опубликовано: 16 июн 2024
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    @jockowillink @echocharles
    Excerpt from JOCKOPODCAST 12

Комментарии • 180

  • @monty846
    @monty846 4 года назад +271

    Reminds me of this quote from General Oliver P. Smith: "Retreat, hell! We're not retreating, we're just advancing in a different direction."

    • @elplateado0018
      @elplateado0018 4 года назад +8

      Monty That's exactly right.

    • @ifuckingh8you195
      @ifuckingh8you195 3 года назад +1

      Except the direction is backing away from the enemy hahaha 😂😂

    • @St.petersEye
      @St.petersEye 3 года назад

      When your going through hell why stop keeping going, why would anybody went to hang around there.

    • @4strokes
      @4strokes Год назад +4

      @@ifuckingh8you195 I don’t think you get it.

  • @ryankuchel
    @ryankuchel 4 года назад +149

    "When you're sacrificing more resources than you're gaining ground, that's a clear sign to start thinking about disengaging."
    This advice couldn't have come at a better time, thanks guys.

    • @waleswideman1
      @waleswideman1 2 года назад +2

      Tell that to the us government in Afghanistan

    • @acojo8205
      @acojo8205 2 года назад +1

      That's called a plateau, and it's present in pretty much every difficult activity.

  • @ShinkaTV
    @ShinkaTV 4 года назад +80

    It isn't quitting, it's taking a different approach to victory.

  • @marcomosthated9414
    @marcomosthated9414 4 года назад +66

    I definitely lost the battle, I'm definitely going to win the war.

  • @dantrumphour3068
    @dantrumphour3068 3 года назад +14

    Had a small business that my brother owned before me. He passed away in 2010, that's when I took over the business. It was a seasonal business and I dug myself into a hole for 10 years before I finally decided to move on. The emotional connection made me hold out longer than I probably should have.

  • @johnlibonati7807
    @johnlibonati7807 Год назад +6

    In business, I’ve found the hardest time to quit is when the venture has huge potential and you see small wins. Small win after small win, but it never really takes off. This is especially true if you are used to working hard for every gain in life. If something is right, it should be relatively easy. When my latest venture took off, it was stupid easy. Everything works. I sell every product. I don’t need to advertise. It rocked me how easy it was. It’s the same in relationships and everything else. When you are doing the right thing for you, it is easy and it works. You may have to work hard, but you won’t be banging your head in the wall and trying to figure out 50 workarounds. The gains come and they are substantial. Knowing the goal is the most important thing so you can measure progress.

  • @RobertSababady
    @RobertSababady 4 года назад +25

    Such a clear distinction between "giving up/ quitting" and withdrawing when it pays to. Brilliant! I also like the way Jocko describes this quit-vs-withdraw dilemma as a trap, which happens when one gets too emotional and need to detach.

  • @AuthorTLGray
    @AuthorTLGray 4 года назад +43

    I started tearing up before I even listened to this podcast. I've been listening to Jocko enough now, I knew what he was going to say. I didn't want to hear it, but I know I needed to hear it.
    I never quit. I cling tightly to the idea and hope of success, but I needed to be reminded that's an emotional attachment. I have to detach from the situation so I can reassess and figure out another way toward success. It's just most often success in a different path than I WANTED. That's what I knew, but didn't want to hear. I have to do the hard part of making a strategic adjustment - not quit. It's easier to apply this in business, but when it comes to relationships, disengaging is painful.
    27 times, huh? I think I'm nearing that point.

    • @Son_of_Ander
      @Son_of_Ander 2 года назад +1

      How are you feeling now?

    • @AuthorTLGray
      @AuthorTLGray 2 года назад +3

      @@Son_of_Ander Much better.

    • @Son_of_Ander
      @Son_of_Ander 2 года назад +2

      @@AuthorTLGray good. I'm going through the shit right now. Divorce, kid involved. I joined a jiu jitsu gym to ease my feelings, it really does help with everything! Looking for a house to move into currently. Im young, 23, so could be worse.

    • @zachfox5969
      @zachfox5969 Год назад +1

      @@Son_of_Ander As a 41 year old that divorced after 19 years, I'll tell you, youre lucky its happening now.

  • @lsb2623
    @lsb2623 4 года назад +10

    This really feels like a Jedi / Padawan team. Echo is an innocent seeming perspective and Jocko is a confident elder. I'm a little outside of this warrior perspective but I get a lot out of these talks.

  • @curaga8562
    @curaga8562 4 года назад +2

    Balancing my ego has been a life long struggle and this acknowledged this. Much appreciated.

  • @sterlthepearl1000
    @sterlthepearl1000 4 года назад +2

    That's one of the biggest challenges in life. Knowing which bridge to cross, and which one to burn.

  • @AW-ix5qg
    @AW-ix5qg 4 года назад +22

    Chooses your battles to commit to to win the war before attrition ruins you.

  • @albertgarcia4468
    @albertgarcia4468 4 года назад +1

    At the 3:20 mark.I did exactly that.Over 15 years ago.I was told the ol "you cant run from your problems " line.
    I without thinking replied"you can make a tactical retreat though" !
    Hooaah!I cut what I lost got over it left then came back .A different man,mind and whoopin life.
    11 bang bang here.Ive been going through a bit for years again now.Ill not blow my brains out.Ive thought it and come close a couple times. I dont for several reasons.Then I came across your vids here. GOD bless you brother.Hooaah!!!

  • @tritondriver1
    @tritondriver1 3 года назад

    So glad I came here - Just what I needed in my social life with family. No one left behind No one to say ," Stand Down Cess Fire " Semper Fi !

  • @itskylebisch
    @itskylebisch 4 года назад +4

    Thank you so much for this!!! I failed at trying to sell real estate for four years and I didn't even like the business, and I was determined NOT to QUIT no matter what for so long. I finally realized you can change your mind, and not be quitting.

  • @justinbayola
    @justinbayola 4 года назад +1

    there are times when words overheard and circumstance, coincide. thank you for your words and service.

  • @roar6047
    @roar6047 3 года назад +3

    So true about how the plan is tied up around ego, need to continuously remind myself of that

  • @carlosgarza1701
    @carlosgarza1701 4 года назад

    These small videos have some major impact and havr had a tremendous impact. Thank you.

  • @mortyross
    @mortyross 4 года назад +6

    Your podcast and advice is outstanding ! Always very constructive.

  • @MadMitch2GainzWarrior
    @MadMitch2GainzWarrior 2 года назад +1

    I work for a small business going on two years. Its a job that I became to connected too and have had the hardest time trying to leave long story short I was fed lies about getting better hours and pay (your typical manipulation tactic played by my boss). But once I heard jockos words about tactically leaving for the better my guilt and emotions on quitting disappeared. Know your worth and position as an employee. Jocko and Echo thank you for these videos helping a lost generation

  • @arvitkopliku7232
    @arvitkopliku7232 4 года назад +18

    Congrats on your black belt 🥋 echo Charles!

    • @ddelruss
      @ddelruss 4 года назад

      Echo looking jaaaaaaaacked

  • @MrNapalm138
    @MrNapalm138 4 года назад +1

    I'm in a bad spot.you are literally saving me.Who am I and what do I matter? I'm an amazing man that has fallen and YOU give me the strength to stand back up

  • @davidthomspson9771
    @davidthomspson9771 4 года назад +1

    This explains our shop dynamics so well.

  • @tinytim71301
    @tinytim71301 4 месяца назад

    I withdrew some recently. My mind wants to evaluate whether a few voluntary tasks are worth the significant toil. But that is quitting based on short term thinking. Basically Focusing on the pain rather than results to achieve a goal. Jocko and Echo put to words my dilemma. That to quit is failure to solve a problem creatively. “where there’s a Will, there’s a way”. Plus, even thinking the word “quit” makes my stomach turn.

  • @JumpingJimmyJet
    @JumpingJimmyJet 4 года назад +21

    Excellent... No such word as failure, it's just a lesson learned... Never ever quit... Just one foot in front of another...More than one way to skin a cat... HooYah

    • @thundergrace
      @thundergrace 4 года назад

      Oh...you sound ominous

    • @antoniop3080
      @antoniop3080 4 года назад +1

      While I agree on the message carried by your comment, I kinda disagree on the assertion that there is no failure: knowing that i failed actually pushed me to learn more than just thinking of it as a lesson. Yet again, the message is probably the same

    • @JumpingJimmyJet
      @JumpingJimmyJet 4 года назад +1

      @@antoniop3080 I ran a mission in Cambodia back in May of 1970 (I was a team leader for MACV-SOG), I had a 7 man team and had to go in and retrieve the remains of two pilots who crashed after being shot down. My seven man team was up against over 350 enemy soldiers. They came up the Ho Chi Minh Trail in 6 truck loads, two armored cars and troops running behind them. I got past two hills with my team towards the F4 jet crash site before the enemy came through the bushes at us. We did all we could to keep the enemy at bay. I had no choice but to get my team out of there. I called in the first chopper to lift out 3 of my men. Then called in scrafing along both flanks as the next chopper came in, I was wounded by three pieces of shrapnel and my men were hit as well. As the chopper came in hot, it hit a tree and lost 2 feet off each end of the rotor. They dropped the ladders as we kept shooting at the enemy, we linked into the ladders as the chopper lifted off, Chopper was hit bad but we made it back to Vietnam, Dak To. I failed that mission, the only mission I ever failed out of 37 missions... But I never gave up... In 2002, I went back to Cambodia, I hired 6 Cambodian rangers to get me back to the site. We walked 100 miles each way, 10 days each way, We spent 3 days at the crash site looking for the remains before being pushed out by bandits, I brought back pieces of the jet for the family. They very much appreciated it. But no remains of the two pilots... I gave my info to DPAA (JRT) back then. In 2017, DPAA called me and asked me if I wanted to go back. I jumped on the idea. We spent 6 weeks at the crash site. Found pieces of the pilots gear and vests, etc. Still no remains. They went back again this year for 12 weeks, not sure what they found. The point is, I never gave up... It's not a failure unless I give up... I am still on top of the mission to bring those two pilots home... On a side note, in 2017, the Vietnamese were there looking for the remains of their men. I drew them a map on where to look. They said that they found 127 remains and still looking for over 100 still at the battle site... On the second hill where the battle took place there was a bunch of enemy hooches that were wiped out buy the jet passing through as it crashed... There is a lot more to the story but I won't take up all your time. John Stryker Meyer is putting out a book soon that will have the mission and a few others in it. Never give up... HooYah

  • @joshualipovetsky2744
    @joshualipovetsky2744 4 года назад

    This is life-saving content.

  • @maximilian_de_luxe
    @maximilian_de_luxe 4 года назад +8

    Thanks Jocko.

  • @aidanforbes3532
    @aidanforbes3532 4 года назад +2

    Jocko talking about quiting is like saying someone didn't die: they're cells lacked the efficiency to sustain themselves for any prolonged period of time. To the point where energy supplies we're at a constant deficit to the required amount needed to be emitted.

  • @drewswanson2701
    @drewswanson2701 4 года назад +3

    I always felt off saying I quit college engineering. But really my progress had slowed enough that I wasn't going to to make it and my GPA had dropped low enough that the college might not allow me to continue if I made another mistake. This was my 3rd attempt at engineering. So I made a tactical and painful decision to suspend that dream possibly indefinitely. But it leaves the door open if I want to go back more prepared in the future. This little segment had definitely reassured me. I have been training hard and plan to have a buds contract before next fall and worried my failur at school might haunt me through buds and seal training as a quiter This has given me some peace of mind that it won't.

  • @paddygalloway8780
    @paddygalloway8780 4 года назад +2

    The end goal stays the same. We just sometimes need to take a different road. That's what quitting means to me.

  • @andrewcox710
    @andrewcox710 4 года назад +14

    It's all about the risk:reward

  • @christinecruz3221
    @christinecruz3221 3 года назад +3

    I needed to hear this. If it didn’t work out the 27th time, what makes you think it will work out the next time. When you strategically quit something you are opening up room for something new and better.

  • @DarthRaider520
    @DarthRaider520 4 года назад

    It's not quitting. It's retreating, reassessing and re-engaging.

  • @WestTexasPipeGuy
    @WestTexasPipeGuy 4 года назад

    Congrats on the promotion Echo!

  • @thundergrace
    @thundergrace 4 года назад

    Again thank you..for encouraging things you talk about that I glean from..it helped me get through in an interview..I hope he hires me. Bill Peterson is his name. Bennington, NH

  • @richardprice9730
    @richardprice9730 4 года назад

    Brilliant Jocko !
    Thank you so much , why, is it I used to say good mad or bad mad which is it ? That is the deeply rooted physiological and psychodynamic roots of our dysfunctional behaviour were written early ,they once served us , but now the ego in this groove knows no f..insight at all , so we end up falling apart , basket cases continually self sabotaging , this usually goes onto until we see the bigger picture.
    That is as the "man" pointed out so beautifully ----- selfishness doesn't work does it , ever ?
    But in the "real corporate governmentally augmented society we live , the mantra IS just do as your'e told or else , sanctions can be subtle ie continually bullying or obvious ie poor pay , exploitation , in human conditions all reinforced by the hypocritical behaviour of those in positions of some authority even in charge , I presume dissenters in places like China and Russia are still spirited away like Aleksandr Solzhenitsyn was or just shot as was my favourite modern dissident Anna Stepanovna Politkovskaya.
    We may never win the battle either sadly , but fighting right is what counts , looking out for our buddies that is other casualties in oppressed situations , spending some time with them to help them where appropriate ,not loosing our ability to empathize , detach and above all trying to find some sense of humour in this "sick" world eh ?
    But Yes let us soldier on .... GOD Bless you, you are such and inspiration to so many please keep it up !
    Links to above Russian dissidents as superb examples of soldiers in the "human army" of reformers or unrecognized saints ?
    www.google.com/search?client=firefox-b-d&q=Solzhenitsyn
    www.google.com/search?client=firefox-b-d&q=Anna+politskya+.

  • @mldeegan
    @mldeegan 4 года назад +2

    Great one Jocko and Echo! I’m sure you all know of a bunch of the horror stories concerning divorce and child custody especially in the military. I know it would help a bunch of men if you all could do a “lessons learned” as this particular episode... knowing when to stop the brain-damage is completely an analogy. Echo talks about it at the end of this one.

  • @jelig72
    @jelig72 4 года назад +2

    I gave it my all, sometimes it doesn't work out. Life don't care that life isn't fair. No progress 5 years at a job where I've given my time, energy & effort.

    • @cameronsmith9929
      @cameronsmith9929 4 года назад +1

      Retreat/withdraw with intel you have gained. Attack flanks with position of power or find a new target

    • @jelig72
      @jelig72 4 года назад

      @@cameronsmith9929 Finding new target. Cutting losses with current situation. New target is direct competitor with current and plan on obliterating with no mercy.

  • @AngryOscillator
    @AngryOscillator 4 года назад +1

    Someone too wrapped up in their plan... as someone who has just recently come to terms with the fact I've made a massive mistake by neglecting relationships in pursuit of goals, this hit a nerve. 6 years lost. Well, partly. Things have been achieved but I'm sure there was a better way if I'd just not been so stubborn.
    Ahh well, you live and learn.

  • @letgo1064
    @letgo1064 4 года назад +1

    Thanks ❤️

  • @RIDDLEUSMC
    @RIDDLEUSMC 4 года назад +3

    Get some!

  • @shaneholloway1250
    @shaneholloway1250 4 года назад +10

    I hope one day Jocko could get Admiral William McRaven to the podcast, would be awesome.

  • @markcarey67
    @markcarey67 4 года назад

    Congrats on the black belt, Echo.

  • @shrimpysquad5821
    @shrimpysquad5821 4 года назад

    Greatly said

  • @zhestyrzzz9687
    @zhestyrzzz9687 Год назад +1

    "Lifting solves everything". İts hilarious but so damn true)

  • @chinmay6249
    @chinmay6249 4 года назад +2

    This episode can be summed up by one phrase - The Law of Diminishing Returns.

  • @loveyourlife9079
    @loveyourlife9079 4 года назад +37

    Jocko we need Marcus Luttrell and Robert O’neill and David Goggins on this podcast for the sake of American history. Much love from Alaska

  • @frankythehatchet3206
    @frankythehatchet3206 4 года назад +9

    Take a different route to the goal

  • @arikaGME
    @arikaGME 4 года назад +10

    This is the struggle with buying stocks... letting go at the right moment is everything. Accepting a loss early and moving on quickly to a better investment has cost me.

  • @ironsurge64
    @ironsurge64 4 года назад

    Jocko is so alpha he convinced Echo he was in charge of turning on the Mic!

  • @mrhairymiccocker
    @mrhairymiccocker 4 года назад

    I love this guy, every podcast seems so dramatic though

  • @sammydb142
    @sammydb142 11 месяцев назад

    It is just like Einstein said:
    “Insanity is doing the same thing over and over and expecting different results.”

  • @SubjectDrew
    @SubjectDrew 4 года назад

    Jocko’s fucking face when Echo used him as a reference for abuse killed me

  • @dragonofthewest8305
    @dragonofthewest8305 4 года назад

    Wow this is exactly my life right now

  • @scottmckinney3331
    @scottmckinney3331 4 года назад

    Owner 💪🏼🏆🖤💣

  • @joshuaduenas4969
    @joshuaduenas4969 4 года назад +29

    These anti depression ads that recommend prescription pills REALLY piss me off.

  • @thundergrace
    @thundergrace 4 года назад

    I understand.i understand

  • @ryankolbe365
    @ryankolbe365 4 года назад +2

    Everybody slinging a rifle is more fearful of their leadership than any supposed enemy.

  • @ELISHACAEZ
    @ELISHACAEZ Год назад

    RETREAT AND REEVALUATE, STRATEGICAL RETREAT IS NEVER A BAD OPTION UNLESS YOU SEE AN OPENING FOR ATTACK THAT CAN END THE OPERATION. MAINTENANCE OF STRENGTH IS MORE IMPORTANT THAN THE TASK.

  • @Teebz
    @Teebz 4 года назад

    The real question is what microphone does Jocko use? is that USB or XLR? Looks like an AT2020 but I might be completely wrong.

  • @ryankuchel
    @ryankuchel 3 года назад

    Don't quit when it's hard. Quit when it sucks.

    • @andrewsampton
      @andrewsampton 2 года назад

      THIIIIIIIS!!!!!!! This is so damn true. It's resonates with me so hard rn. I just lost my 4th fight in 8 amateur boxing matches and I'm not willing to give a single moment more to it. I'm over it. I've come back from crushing defeats before but not this time. It isn't about hard anymore, the process sucks. It's a life that isn't for me, I'm not for it. I'm not running a single mile more. I can't sacrifice or give anymore to the sport. I'm not willing to give any more energy to improve, so it's my time to go. And it's the happiest I've felt in a long time. 😂

  • @sorryociffer
    @sorryociffer 4 года назад

    A strategic retreat is NOT failure. It's reassessing and reforming for a renewed attempt. A pyric victory is NOT a victory.

  • @reservordawg
    @reservordawg 4 года назад

    One time I posted something on facebook about gun cleaner causing health problems. This guy was very determined to say that he was fine with it. I think he thought that it made him seem tough. In that case that kind of attitude would be causing him problems.

  • @blakelee111
    @blakelee111 4 года назад +2

    you guys inspired me to practice leading myself

  • @frankyoceansxiv2600
    @frankyoceansxiv2600 4 года назад

    The problem is people are so eager to write this long term label off the them right now. Just because your last endeavor ended in what you think is a win does not make winning easy from then on. People are constantly searching through this thing called life and build a whole identity out of the moments as they pass. You can quit a while and then go back to it and quit again and start back at it when ever you want. There is no need to label your whole self off of the you right now. Nobody is keeping score but you and it's not a game. Just because you label yourself as a winner does nothing for your future challenges. We don't know what we don't know. If you have to put what we really are into words, you would need to expand the vocabulary because the right words just do not exist. We are more than any of the things that we think we are. More than a win or loss ratio. More than our function or malfunction.

  • @officialyoutubecommentator4357
    @officialyoutubecommentator4357 4 года назад +2

    @ 10:00- Dang Echo who saw that coming??? LOL

  • @sterlthepearl1000
    @sterlthepearl1000 4 года назад +1

    Sometimes the juice isn't worth the squeeze anymore.

  • @MaidenIron
    @MaidenIron 4 года назад

    🙌🏼

  • @brettlaw920
    @brettlaw920 4 года назад

    CFT. If you can't clear the building, call in an airstrike.

  • @Firerose101
    @Firerose101 3 года назад

    Sometimes you have to step back to move forward.

    • @andrewsampton
      @andrewsampton 2 года назад

      Sometimes you have to just change direction all together

  • @user-yf8il6we2z
    @user-yf8il6we2z 4 года назад +10

    Hey Jonko, should I go with AMD or Intel on my next PC build?

  • @Edgar-Friendly
    @Edgar-Friendly 4 года назад +8

    Vietnam is a perfect example of refusing to know when to cut loses and try a different tact.

  • @lordreyna6924
    @lordreyna6924 2 года назад

    I always give my bf the benefit of the doubt Bc he’s a war veteran. But he always yells at me in any disagreement. Anytime he feels bad it’s always my fault. He calls me names and shames me, and if I cry [EVER] it’s me trying to manipulate the situation to make him feel bad. It’s so difficult to maneuver a way around his feelings. Any time he’s mad it’s my fault. The shitty thing is I love him and support him through anything but how do u get across to someone who’s been through things I cannot relate to or even begin to fathom that I care and I support him and that I could never relate to a world he experienced? How do I approach a person like that?

  • @eSysmanSuperYachts
    @eSysmanSuperYachts Год назад

    The British military say they don’t retreat, they make a tactical withdrawal!

  • @thundergrace
    @thundergrace 4 года назад

    I'm really hurting

  • @quitequiet5281
    @quitequiet5281 4 года назад

    Quit believing in bad intelligence. Quit being wrong and doing ignorant things. Quit mistaking friends as enemies. Quit mistaking enemies as friends. Quit believing costs and time spent doing the wrong things are a investment. When clearly its a mistake. Every step taken in the wrong direction puts everything one step behind where it should be. Milling about in the mud when the real leaders are over the next mountain. There are already out of sight...

  • @TheGhostOperative
    @TheGhostOperative 4 года назад

    when do you cut losses? you don't. you do it till you are no more. when you die, you will be reborn anew, one way or the other. like a phoenix, but only when you are whole heartedly willing to shed your old feathers. that's just the way of the world, on the conceptual level.

  • @tomaschazarreta1263
    @tomaschazarreta1263 4 года назад

    You talkin about th stock market?

  • @NoizeAddict13
    @NoizeAddict13 4 года назад +1

    I waited 14 months to get back in the military. I walk in the office to get sworn in and they say have a seat we cant get you back in due to some security clearance issues you'll need to wait another 6 months. I wanted to cut my losses there but I didn't. This after being told alot of misinformation prior as well. However going back to college while I'm waiting. If it's too long may try a foreign military

  • @xilix
    @xilix 4 года назад +2

    Just battered myself doing this with a relationship. Wasted years and years. My refusal to give up needs some more IQ attached to it, because that was fucking STUPID.

  • @ArchieThomas3seesea
    @ArchieThomas3seesea 4 года назад

    smick.

  • @thundergrace
    @thundergrace 4 года назад

    192..isn't on you tube yet.

  • @thundergrace
    @thundergrace 4 года назад

    Well..I don't actually wake up every night in a panic..however...I am so isolated.....and left to walk the streets...like a turtle without it's shell!!!

  • @user-xu3kz4ru8f
    @user-xu3kz4ru8f 4 года назад

    🏈

  • @sojournerkarunatruth4406
    @sojournerkarunatruth4406 4 года назад +2

    I love how Echo insinuated that Jocko has been abusing his wife for 27 years at 9:39

  • @thundergrace
    @thundergrace 4 года назад

    Thursday Aug 29

  • @upskirtrecruit1086
    @upskirtrecruit1086 Год назад

    everything is a double edged sword, always ask "is this malware in disguise"?

  • @thundergrace
    @thundergrace 4 года назад

    I just get taken advantage of all the time...only on survival mode..I hate walking the streets

  • @Starday723y
    @Starday723y 4 года назад +1

    Its about math. What does winning gain? What does continuing cost? If the cost of continuing is greater than the gain of achievement it doesn't matter if you win because you still lose.Can you at least mitigate your losses? that depends on how much you've already spent. Assign each item a prime number make sure the numerical value matches the item, always use prime numbers or semi prime, not always but sometimes even numbers can result in a false positive which will never happen when you use primes. Then use the percent change equation and see what numbers you get, DECISION made.

    • @andrewsampton
      @andrewsampton 2 года назад

      Please explain this further. This is actually interesting 💯

    • @Starday723y
      @Starday723y 2 года назад

      @@andrewsampton Should I do A or B? This is the part that is up to you, A will improve my life 5 pts B 7 pts. Seems easy right? But A costs 2 and B costs 3 so you get (5-2)/5 * 100 =60 be gives you 7 -3/7*100 = 57.1. On the surface B looks like the better option, 2 extra pts gain for only one extra point cost, But the math shows A is better about 3 pts.

    • @andrewsampton
      @andrewsampton 2 года назад +1

      @@Starday723y as a failing amateur boxer who recently decided to walk away from the sport, this is sooooo relevant to me now. I won 3 fights and I lost 5. I could still continue to chase an amateur title and try to fix my record, which I have in the past. But honestly I don't want to spend anymore of my time or money on boxing. Though me just dropping everything may seem weak. It literally doesn't make sense for me to continue fighting just because of sunk cost fallacy. I've lost all interest in the training, the dieting and the constant feeling of stress to perform. This game theory thing definitely applies to the situation, I recently decided to leave. To continue, though I'd still be involved and have the chance to get more wins and have people cheer for me (pathetic I know 🙄loool), I'd ultimately be unhappy because I don't enjoy the training and the dieting and most importantly it's a dangerous sport that does infact cause damage to your brain. No matter how good you are, you will get hit. You can't swim without getting wet. On the surface it seems that continuing will allow me to fix my record but on the other hand... why risk losing even more fights when I can just walk away now because the truth is I'm not gonna make money from the sport anyway, not as an amateur. Amateur boxing doesn't pay. I think this game theory definitely can apply here and I want to thank you for explaining it to me. Wow.

    • @andrewsampton
      @andrewsampton 2 года назад +1

      @@Starday723y damn I sent you an essay. University always creeps into my life😂

    • @Starday723y
      @Starday723y 2 года назад +1

      @@andrewsampton The other thing I can tell you is flip a quarter heads you stay tails you quit, if you are willing the coin to land on a certain side, do that. If you are disappointed upon seeing the side it landed on, do the other thing. ITS JUST A QUARTER it doesn't know anything but it can force you into hoping for an outcome and thus guide your decision making. On the other hand, what is your brain worth to you? I think you should open a gym, or a weight coaching business, you do know a lot about diet. Maybe a RUclips channel

  • @sterlthepearl1000
    @sterlthepearl1000 4 года назад

    If you dance with the devil, the devil doesn't change, the devil changes you.

  • @SGProductions87
    @SGProductions87 4 года назад

    When you've blasted 20% of your bankroll, when you're down to your last $15 in your balance, you need to step back and say I need this money for another day. It's time to click withdraw, cool down and go do something else.
    That's winning poker.

  • @thundergrace
    @thundergrace 4 года назад

    Jocko I had a happy face on my red hhr...with a tongue sticking out..I drew it..it was the left outside mirror to my car..they took my car to Mass..they took all my belongings and left me destitute

  • @thundergrace
    @thundergrace 4 года назад

    I don't know what I'm going to do today..cars wee driving into the parking lot of the police station next door..

  • @djkramit
    @djkramit 4 года назад

    👍👍👍

  • @joshuarohbock5695
    @joshuarohbock5695 2 года назад

    jocko: Jiu Jitsu

  • @EUSA1776
    @EUSA1776 2 года назад

    Tactical retreat

  • @thundergrace
    @thundergrace 4 года назад

    So I had to return my car rental..and.. his name is Ed Trombley of u save..in Keene NH...cops threatened to arrest me if I didn't return the car..I did return.it..and Ed said " I have to cut my losses...he's rich..I'm poor..why doesn't he show me compassion..why won't anyone let me borrow a car?

  • @survivaldoggy
    @survivaldoggy 2 года назад

    #JOCKO2024

  • @sd_pjwal
    @sd_pjwal 4 года назад +1

    Trying to keep your family together. :-/.

  • @celinechiaverini3671
    @celinechiaverini3671 Год назад

    I’ve been listening to these podcasts for a bit, Charles never says anything that has substance.