NO.PZ201511190100000304
问题如下:
How does Jordan most likely demonstrate loss-aversion bias?
选项:
A.Telling the team not to worry.
B.Reducing the portfolio turnover this year.
C.Deciding to hold the losing positions until they turn around.
解释:
C is correct.
Jordan’s behavior is a classic example of loss aversion: When a loss occurs, she holds on to these positions longer than warranted. By doing so, Jordan has accepted more risk in the portfolio. Loss-aversion bias is one in which people exhibit a strong preference to avoid losses versus achieving gains. One of the consequences of loss aversion bias is that the financial management professional (in this case, Jordan) may hold losing investments in the hope that they will return to break-even or better.
降低换手也是不愿卖出的表现啊?