Question 2: choose any one correct option below and then justify that which of these biases is use in that option. (loss aversion , convertism, status qis bias, framing bias ,cognitive dissonance, mental accounting)

a) after making an investment assume that you overhear a news report that has negative implications regarding the potential outcome of the investment you have just executed.how likely are you to then seek information that could confirm that you have made a bad decision?

1) very unlikely 2)unlikely 3)likely 4) very likely

b)when returns to your portfolio increase,to what do you believe the change in performance is mainly due?

1)your investment skill. 2)a combination of investment skill and luck. 3)luck

c)after you make a successful trade how likely are you to put your profits to work in a quick subsequent trade, rather than letting the money idle until you were sure you have located another good investment?

1)when i sell a profitable investment,i usually invest the money again right away.

2)i will usually wait until i find something i really like before making a new investment.

3)some combination of choices a and b.

d)relative to other investors, how good an investor are you?

1)below average 2)average 3)above average 4)well above average.