Odean (1998) reported that winning investments are 50% more likely to be sold than losing investments, based on an analysis of 10,000 accounts at a large discount brokerage house, with similar results observed in other countries like France by Boolell-Gunesh et al. (2009).

Authors

• Person: Not available Organization: Frontiers in Psychology
  The Impact of Cognitive Biases on Professionals' Decision-Making

Sources

• The Impact of Cognitive Biases on Professionals' Decision-Making www.frontiersin.org Frontiers in Psychology via serper

Referenced by nodes (2)

• France location
• capital loss concept