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An investor wants to bet on the resurgence in consumers spending money on new car purchases. They buy $10,000 of ticker FORD only to later
An investor wants to bet on the resurgence in consumers spending money on new car purchases. They buy $10,000 of ticker FORD only to later find out that Ford Motorcars is traded under the symbol "F". Ticker "FORD" is Forward Industries, which is not even in the car industry. Having missed out on the expected surge in auto demand, the investor sells their shares of FORD and goes back to the drawing board. This is best an example of: Group of answer choices overconfidence. familiarity bias. the availability heuristic
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