2007 Exam Q 3 has “Status Quo Trap” as an answer. Is that in the LOS? Prudence as well. I don’t see it in the Schweser material and I lost my CFAI book 1 (it’s probably still in the Delta seat pocket in front of me). I see something called Status Quo Bias, but that refers to DC investors, not forecasting. Thanks for any heads up.
This is part of Econ, R23, P22.
Thanks, found it. Was only looking in the behavioural finance section. I think I’m burnt.