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RWH015: Betting Better in Markets & Life w/ Annie Duke
We Study Billionaires - The Investor’s Podcast Network
Why Aren't You Switching?
Loss aversion gets recruited for things we're thinking about starting. We don't think about sticking with the status quo as starting. It's not sort of, this also goes along with something called omission, co-mission bias. And so what happens is that you'll hear people say, why aren't you switching and they'll say, well, what if that turns out badly?
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