2. An investor made the following two statements:

1) I have been very pleased with the returns Ive earned on Apple stock over the past years and I am certain that it will be a superior performer in the future.

2) I am pleased with the returns from the Apple stock because I have specific uses for that money. For that reason, I certainly want my retirement fund to continue owning the Apple stock.

Identify which principle of behavioral finance is most consistent with each of the investors two statements. (Explanations are required).