loss limit
1 statements across 1 episodes · 0 bullish · 0 bearish · 1 people on the record · first statement Feb 5, 2018 by Annie Duke · across every show →
Everything said about loss limit, oldest first
Feb 5, 2018
Duke: Strict loss limits are irrational but prevent catastrophic emotional decision-making
“I sort of think about it as stacking irrationalities. Ok, so I know it's irrational to have a loss limit. But that irrationality is a lot less damaging to me in the long run than allowing myself to make these irrational decisions about whether it's a luck or s…”