estos tend to make more cognitive errors when they view investing as gambling estors tend to be more rational in bear markets than in bull markets. Question 5 Investors who were adults during the great depression are found to hold less risky portfolios. This is an example of: over confidence loss aversion the dustering ilusion the Busion of knowledge. the sakebite effect. Question 6 The concept that well-capitalized, ration traders may be unable to correcta misericing defines which one of the follow