In order to come out to themselves as "winners" and to avoid becoming "losers",investors tend to:
A)Hold on to stocks that are trading below purchase price.
B)Buy recent market winners.
C)Engage in frequent trade.
D)Implement the same investment strategies that they have used in the past.

Question

Quizplus · Accepted Answer

Investors often hold on to losing stocks to avoid realizing a loss, hoping they will rebound, which is a behavior known as the disposition effect.

In Order to Come Out to Themselves as "Winners" and to Avoid