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Overconfident investors tend to over-estimate the precision of his/her estimation of asset value. Which of the following phenomena is NOT likely caused by overconfidence? Select

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Overconfident investors tend to over-estimate the precision of his/her estimation of asset value. Which of the following phenomena is NOT likely caused by overconfidence? Select one: . Investors appear unwilling to sell stocks that have depreciated in value but are keen to sell stocks that have increased in value since they bought them O B. Investors appear to trade much more than what would be optimal C. Investors tend to overweight their home country in their portfolio D. Investors tend to invest too much into their perceived "mispriced" assets E. Investors tend to hold only a few stocks in their retirement portfolio

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