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Re: PEACHMAN post# 6775

Thursday, 07/04/2019 4:25:46 PM

Thursday, July 04, 2019 4:25:46 PM

Post# of 54913
I am just holding my shares, based largely on the thoughts of Nobel prize winner in economics, Daniel Kahnemann. He won the nobel in economics, even though he is a psychology professor. He says loss aversion leads us to want to lock in rprofts at a low level, and let losers run, since they don't count as losers until we sell. In this article check in particular paragraph, I believe, 12. Also, his book, thinking fast and thinking slow, is excellent. If you find a winner, IMHO, stick with it.
https://acquirersmultiple.com/2018/04/daniel-kahneman-the-illusion-of-stock-picking-skill/