Roughly twice as much, in fact. The mind weights losses far heavier than equal gains — a survival bias from when a lost meal could be fatal. It quietly explains why we hold losing stocks, keep clutter, and fear change more than we should.
psychology
Roughly twice as much, in fact. The mind weights losses far heavier than equal gains — a survival bias from when a lost meal could be fatal. It quietly explains why we hold losing stocks, keep clutter, and fear change more than we should.
Source: en.wikipedia.org
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