throws good money after bad
Deepens losing investments
To throw good money after bad is to spend more on something that has already failed, hoping to recover what's lost rather than cutting losses.
The fresh money (good) follows money already wasted (bad): They threw good money after bad trying to save the failing restaurant.
The phrase warns against the sunk cost fallacy.
- sunk costUnrecoverable past outlay
- chasing lossesGambling more after losing
- financial lossNegative monetary outcome
- down the drainIrretrievably lost or ruined
- investmentDeploying capital for returns
bad bet · risk assessment · fool's errand · lost cause · beat a dead horse · denial · diminishing returns · failure analysis · penny wise and pound foolish · cognitive dissonance · cost-benefit analysis · emotional attachment · in too deep · cutting one's losses · cut your losses · opportunity cost · doubling down · decision fatigue
throws good money after badcuts one's losses
Withdraws from losing situation
throws good money after badcut and run
Abandon situation hastily
pull the plug · abandon ship · bail out · live to fight another day · pivots
thrown, throwing, thrower, throwers, goodness, goodly, moneys, moneyed