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

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

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The tendency to hang on to losers and sell winners is known as the disposition effect. This bias occurs when investors hold onto losing investments too long and sell winning investments too quickly. It can lead to poor investment outcomes as it goes against the principle of buying low and selling high.

The Tendency to Hang on to Losers and Sell Winners