Loss Aversion Bias?
Most commonly mentioned in investment blogosphere by many bloggers.
Uncle8888 is really big on loss aversion bias! No stop-loss! So what?
Like Chinese saying : Hit till death also never run! But; it doesn’t mean he will end up as big loser!
Our own investing bias will continue to base on our personal investing experience, and outcome. We are most unlikely to alter such behavior when it still lead to desirable outcome.
Knowing common concepts is just knowledge; skills are developed when we evolve and develop ourselves around these core knowledge to achieve our own desired investment outcome and goals.
Learn whatever investing theories and concepts when …Read the full article →