Musings of a Mad Computer Scientist

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I'm about to pay way too much for a house, and I know it. Does that make me a fool? - By Tim Harford - Slate Magazine

People are even less willing to sell if that means realizing a loss. The tendency is called “loss aversion”; people hold on to poor investments grimly, hoping for a turnaround. The tendency is called “loss aversion”; people hold on to poor investments gri

4 years ago
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