The Tendency to Hang on to Losers and Sell Winners

question 67

Multiple Choice

The tendency to hang on to losers and sell winners is known as the:

• A)cascade effect.
• B)disposition effect.
• C)overconfidence bias.
• D)systematic behavior bias.

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Definitions:

Kilometer

A unit of measurement equal to 1,000 meters, commonly used to measure distances.

Scientific Measurement

The process of obtaining a quantitative description of the properties of an object or event using instruments that adhere to a standard unit.

Estimate

A calculation or judgment made about a quantity or value when exact figures are not available or necessary.

Significant Figure

A digit within a number that contributes to its precision, indicating the accuracy of measurements.