That people tend to hold on to shares of stock well past the point where it makes sense to sell those shares can be explained in part by the

Name: That people tend to hold on to shares of stock well past the point where it makes sense to sell those shares can be explained in part by the
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The endowment effect refers to the tendency for people to value something more highly simply because they own it, leading them to hold onto stocks longer than is rational.

That People Tend to Hold on to Shares of Stock