Poor decisions aren't generally something people are proud of. For investors in the stock market, poor decisions can lead to something more significant than lost pride – lost money. One of the most well-known observances in decision-making among investors is known as the disposition effect. Investors impacted by the disposition effect are more likely to sell winning stocks too early and hold on to losing stocks for too long. "People find it painful to sell a losing stock, leading to the disposition effect," explained Baolian Wang , Bank of America Associate Professor at the University of Florida Warrington College of Business.

https://www.miragenews.com/investors-hold-losing-stocks-amid-portfolio-1082884/

#miragenews