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Re: rafunrafun post# 147745

Friday, 10/05/2018 9:11:54 PM

Friday, October 05, 2018 9:11:54 PM

Post# of 427102
If you read The Undoing Project by Michael Lewis he details the phenomena of Loss Aversion discovered by Israeli psychologists Amos Tversky and Daniel Kahneman.
It’s the same mechanism that drove people away from AMRN pre-topline and, IMO, created a “risk discount”. People are willing to compromise quite a bit for the sense of security that comes with a sure thing, or illusion thereof. Just look at marriage smile
I think it’s often a mechanism that facilitates buyouts and keeps terms favorable enough for BP to profit. The x-factor in this instance seems to be the potential for further indications, and the temperament of the Baker Bros... I don’t get the sense that they are men who fear to take an L
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