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Whalatane

10/06/18 4:13 PM

#148060 RE: VuBru #148047

Vu , Smarter , Rose et al
Thx for your comments
Vu , smarter mentioned "thinking fast and slow " by Daniel Kahneman . Theres a Summary version I picked up thru Amazon that U might like
He writes about Loss Aversion ..." definitely the most significant input of psychology to behavioral economic " ...and " Losses loom larger than goals. People always notice and feel a loss more then a gain "

I'm just wonder if the loss experienced in Adcom shaped the risk taking behavior of some of us . I think it definitely affected my willingness to take as much financial risk , on any one stock.

I should stress MY willingness.

I'm sure JL would react by saying ..
" What risk ?'
" I eat risk for breakfast . "
" Stop being an ol pantyhose "......kiwi slang for being timid ...:-)

Kiwi