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SUNK COSTS
India’s consumers are back, its stocks aren’t: Srinivasan SivabalanAmid the vibrant festive season in India, consumer demand is soaring, prompting businesses to boost sales and raise prices accordingly. How...- Alabama has the largest artificial reef system; ship containing 1,700 slot machines and 100 military tanks provides shelter to marine life and attracts eco-tourismIn July 2026, the Argosy VI, previously a floating casino, was intentionally sunk to create an artificial reef as part of Alabama's commitm...
- Florida sinks abandoned 227-foot ship to create artificial reef off Atlantic coast; How the Borocho ship helps rebuild marine lifeThe Borocho, a retired cargo ship, has been purposefully sunk off the Florida coast to establish an artificial reef, a project concluded in...
- No health insurance but a personal medical fund: How good is this idea?As medical treatment costs soar, should you rely solely on health insurance or build your own personal medical fund? This article explores ...
- 12 years after 32 million smuggled cigarettes were seized on it, ship now hosts barnacles, fish and diversThe MV Shingle, which was seized while carrying illegal cigarettes, has now become an artificial reef. After being cleaned, it was intentio...
- Where Does China Fit in Your Company’s Innovation Strategy?For decades, multinationals treated China primarily as either a vast growth market or a rising competitive threat. But as growth slows, com...
- Trump inaugurates new White House helipad; TV networks boycott coverage over CNN banUS President Trump inaugurated a new White House helipad with a ribbon-cutting ceremony. Major television networks boycotted the event in p...
- Trump’s Canada trade war puts Republican Senate candidates in Michigan, Maine in a bindRepublican candidates face challenges balancing President Trump's trade policies and voter concerns. Michigan and Maine economies are close...
- ARSBC bought HMCS Chaudière from Canada’s Defence Department for $1 plus 7 cents GST; after its reef conversion, glass tunicates came to cover much of the vesselThe Canadian warship HMCS Chaudière was acquired for a symbolic price and subsequently sunk, transforming it into a vibrant artificial reef...
- $150 Canada Disability Benefit supplement coming in September: Check payment date, eligibility, payment method and other key detailsThe government of Canada has decided to provide an extra payment of $150 to those who are already receiving the Canada Disability Benefit (...
- When $5.5 billion nuclear-powered US aircraft carrier was ‘sunk’ by $850 million Australian diesel submarine after it slipped past its defensesThe Australian submarine HMAS Waller marked a significant achievement, simulating a successful attack on a US carrier group and showcasing ...
- Psychology says you may keep watching a TV series you no longer enjoy for one surprisingly simple reasonWatching a series is not always about experiencing individual episodes one at a time. Instead, it can become a goal-oriented activity in wh...
- In 1981, a Canadian Oberon-class submarine and worth about $80 million slipped past an entire US Navy carrier group and ‘sank’ one of the most capable American aircraft carriers in a NATO war gameAn old Canadian Oberon-class diesel-electric submarinereportedly slipped past the defenses of a US Navy carrier strike group in 1981. The s...
- In 1995, Florida sank three F-106 jets off Bay County; later surveys found reef fish and greater amberjack around the aircraftIn an innovative effort to bolster marine life, retired fighter jets are strategically submerged off the coast of Florida, transforming int...
- In 2010, Thailand lowered 25 retired battle tanks into 80 feet of water off Narathiwat; a decade later, local fishermen reported a sharp boost in catchesThailand's army sank obsolete battle tanks and railway cars into the Gulf of Thailand. This initiative aimed to create new fishing grounds ...
- In 2009, Key West sank the 523-foot Vandenberg in 140 feet of water; one year later, REEF monitoring had documented 123 fish species on the former shipIn 2009, the retired missile ship Gen. Hoyt S. Vandenberg was deliberately sunk near Key West, giving rise to a significant artificial reef...
- Nearly 9 crore Indian youth aged 15-29 suffering due to NEET — Not in education, employment or training, highlights Niti ReportNiti Aayog has estimated that 8.7 crore Indians aged 15 to 29 were not in education, employment or training in 2021. Its report called for ...
- How dud stock becomes long-term investment in our portfoliosOur investment behaviour is driven by our notion of loss and gain, not by logic. Past cost should not matter in rational decisions. But whe...
- The sunk cost idea is sinking your investmentsThe dilemma of equity investors is what to do with those investments that turn out to be losers.
- View: Modi and the sunk cost fallacyThe government has pegged 2016-17 GDP growth at 6.5% and revised downward the 2017-18 growth rate.
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