“Generally, you'll be motivated to sell sound investments and hold onto the bad ones because we prefer to feel good about the gains and avoid the pain of acknowledging loss.” Money QuotesInvesting QuotesUnbiased Investor QuotesUnbiased InvestorLoss AversionDisposition Effect Author:Coreen T. Sol, CFA
“Just because markets rise doesn't mean that they will continue to grow or that it is time for them to change direction, yet it is pleasing to see patterns from one period to the next.” InvestingUnbiased Investor QuotesCapital MarketsLoss AversionDisposition EffectRecency EffectGamblers Fallacy Book:Unbiased Investor: Reduce Financial Stress and Keep More of Your Money Source: Unbiased Investor: Reduce Financial Stress and Keep More of Your Money