What type of bias is this?
“I am holding a large position in Omega Corporation with a large unrealized loss.
Omega’s stock price declined last year when reported sales and earnings failed to meet
analyst expectations. I took advantage of the decline to increase my position. Omega
sales growth has continued to slow over the last year, but I believe the stock is still a
Study together. Pass together.
Join the world's largest online community of CFA, CAIA and FRM candidates.