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Re: AnimalSpirit post# 48960

Thursday, 07/13/2017 12:57:24 PM

Thursday, July 13, 2017 12:57:24 PM

Post# of 63187
Why is it "terrible time to sell" ?

Doesn't seem like it to me, not with the way this thing has been handled.

Dead money at best, more likely for more money to go down the drain.

Sunk Cost Fallacy comes to mind when I think of ORRV.

The Sunk Cost Fallacy. The Misconception: You make rational decisions based on the future value of objects, investments and experiences. The Truth: Your decisions are tainted by the emotional investments you accumulate, and the more you invest in something the harder it becomes to abandon it.