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> People fear missing an opportunity to make money far more than they fear losing their money. This trend is a fantastic lesson in why evolution has (generally
by bryananderson 4y ago
> People fear missing an opportunity to make money far more than they fear losing their money.
This trend is a fantastic lesson in why evolution has (generally speaking) settled on a bias toward loss aversion.
- bowsamic 4y agoSomehow for a lot of people that bias does not extend to abstract financial investments