3196: The One Question Successful Investors Always Ask Themselves by Chris Reining on Optimizing Portfolios
Optimal Finance Daily - Financial Independence and Money Advice
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Intro
This chapter examines the endowment effect using an engaging scenario with airline seat reclining, demonstrating how personal ownership alters perceived value. It highlights a study showcasing the disparity between what individuals are willing to pay for their own comfort versus that of others, linking these insights to consumer behavior and decision-making.
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Transcript
