"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 good investment.”
Which behaivor bias exists?
The 2008 AM solution is Regret avoidance. Is it equal to loss aversion? Thanks.