Loss aversion looms large
Margin Call: Covid-19, now declared a pandemic, could lead to a short recession but this is not 2008.
The behavioural economic concept of loss aversion is that the pain of losing is felt twice as hard as the joys of winning. For many, this is a concept being felt first-hand today.
Right now, the focus for the investor, who turned $1000 into $4300 by investing in the New Zealand sharemarket just
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Chris Di Leva
Thu, 12 Mar 2020
Thu, 12 Mar 2020
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Loss aversion looms large
Analysis,Investment,
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