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>Professional risk takers in the financial markets are more tolerant of losses, probably because they do not respond emotionally to every fluctuation. Or more
by mrob 8y ago
>Professional risk takers in the financial markets are more tolerant of losses, probably because they do not respond emotionally to every fluctuation.
Or more plausibly, because they're richer, and the utility they stand to lose is smaller.
- kashyapc 8y agoGood reminder. Although subconsciously I realize that, I didn't remind myself that way and after re-reading that paragraph, I thought: "hmm, maybe I should up 'risk-seeking' dial a bit more"—which can be evaluated independently, though, depending on one's "risk profile".