Loss aversion looms large
Margin Call: Covid-19, now declared a pandemic, could lead to a short recession but this is not 2008.
Chris Di Leva
Thu, 12 Mar 2020
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
The behavioural economic concept of loss aversion is that the pain of losing is felt twice as hard as the joys of winning. For many, this is a concept being felt first-hand today.
Right now, the focus for the investor, who turned $1000 into $4300 by investing in the New Zealand sharemarket just
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Chris Di Leva
Thu, 12 Mar 2020
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
