This always seemed irrational to me, but apparently it’s a known bias.

    Losses hit harder than gains.

    It explains stuff like:

    – holding losing stocks too long

    – not taking opportunities

    – sticking with bad choices just to avoid “locking in” a loss

    I came across a breakdown with examples and it kind of changed how I look at decisions.

    Does this match your experience?

    Gain or lose ? what hurts more
    byu/DifficultScratch3241 ininvesting



    Posted by DifficultScratch3241

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