Investors typically exhibit loss aversion, where they are more willing to take risks to avoid losses than to achieve gains, which causes them to hold onto losing investments for too long and sell winning positions too early.

Authors

• Person: Not available Organization: Ava
  Behavioral Finance: The Psychology Behind Financial Decisions - Ava

Sources

• Behavioral Finance: The Psychology Behind Financial Decisions - Ava www.meetava.com Ava via serper

Referenced by nodes (1)

• Loss aversion concept