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Gold/Mining/Energy : T.ITE: iTech Capital (TSE)
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To: Condor who wrote (4485)3/18/2000 8:28:00 PM
From: Condor  Read Replies (1) of 5053
 
Common Sense, Comfort Level, and Investor Behavior
mhinvest.com
For example, loss aversion, according to Meir Statman, professor of finance at
Santa Clara University, prompts investors to sell winning stocks too early. The
pain of regret is more powerful than greed, he says. Investors with winning
positions sell early in order to avoid the imagined regret they will have if they fail
to realize the profits that they currently have.
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