
Bed Bath & Broke
Corporate Gossip
00:00
The Psychological Phenomenon of Loss Aversion
The fear of loss can cause investors to behave irrationally, making bad decisions. Commitment bias is our tendency to remain committed to our past behaviors even if they don't have desirable outcomes. Buyer Stockholm syndrome is when somebody purchases something and proceeds to overlook any faults or defects in order to justify their their purchase.
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