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How does JPMorgan profit from over-confidence and loss aversion in their clients? O By focusing on long-term, low-risk investments to cater to loss-averse investors, avoiding
How does JPMorgan profit from over-confidence and loss aversion in their clients? O By focusing on long-term, low-risk investments to cater to loss-averse investors, avoiding any form of short-term trading. By avoiding any interaction with over-confident or loss-averse investors as these behaviors are considered detrimental to market stability. By offering high-risk Investment options that cater to over-confident investors and charging high management fees for these services. By selecting securities with good value and momentum exposures and exploiting the mispricing caused by these investor sentiment. A Moving to another question will save thirr
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