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RWH015: Betting Better in Markets & Life w/ Annie Duke
We Study Billionaires - The Investor’s Podcast Network
What Is Short Loss Aversion?
Short loss aversion is when you already have a loss on the books or even a cognitive loss. We don't like to sell, in other words, this becomes loss aversion stops you from starting. Even stocks that you wouldn't buy at 40 today, you'll hold because you've already lost on the position to date and you're trying to get that back.
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