anchoring bias
1 statements across 1 episodes · 0 bullish · 0 bearish · 1 people on the record · first statement Feb 7, 2022 by Gautam Baid · across every show →
Everything said about anchoring bias, oldest first
Feb 7, 2022 neutral
Baid: Investors should immediately forget the purchase price paid for stocks
“The investor should immediately forget the purchase price they paid for a security after they purchased it. Otherwise this will forever affect your judgment because the price which you have paid for a stock is a sunk cost, right? It means it's meaningless. All…”