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katieleex0x katieleex0x
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2 years ago
Jordan purchased 400 shares of GE at $16 per share.  The price has dropped to $11 and he is disappointed in his purchase, but he is determined not to sell until the price again reaches $16.  His decision is based on

▸ overconfidence.

▸ belief perserverance.

▸ loss aversion.

▸ representativeness.
Textbook 
Fundamentals of Investing

Fundamentals of Investing


Edition: 14th
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skdiveelisskdiveelis
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