Lucy Smith was in a dilemma to choose between two stocks: Telus Communications (listed on the TSX)
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Lucy Smith was in a dilemma to choose between two stocks: Telus Communications (listed on the TSX) and Seair Inc. (listed on the TSX Venture Exchange). On the Internet, she was able to find a large amount of information about Telus and the Canadian telecom industry but was unable to find much about Seair. As a result, Lucy decided to invest in Telus rather than Seair. Explain the behavioural finance concept Lucy is exhibiting and how is this influencing her decision-making.
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Related Book For
Fundamentals of Corporate Finance
ISBN: 978-0071051606
8th Canadian Edition
Authors: Stephen A. Ross, Randolph W. Westerfield
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