Holding a losing stock until it reaches previous highs. is this loss averion or fear of regret?
source: CFA 2013, book1 p406
Holding a losing stock until it reaches previous highs. is this loss averion or fear of regret?
source: CFA 2013, book1 p406
Loss aversion.
Fear of regret manifests itself when you buy the stock: you’re concerned that it will go up and you’ll be ticked if you don’t buy it now.