To overcome loss aversion bias, investors should develop predetermined exit strategies and assess investments based on current market value rather than initial trading price.

Authors

• Person: Not available Organization: William & Mary Online
  5 Behavioral Biases That Can Impact Your Investing Decisions

Sources

• 5 Behavioral Biases That Can Impact Your Investing Decisions online.mason.wm.edu William & Mary Online via serper

Referenced by nodes (1)

• Loss aversion concept