QUESTION 23 Adam and Monica are friends. Adam invests in a portfolio of hot stocks that almost all his friends are invested in. Monica invests in a portfolio that is totally different from the portfolios of all her friends. Both Adam's and Monica's stocks fall 15%. According to regret theory, Adam will have more regret over the loss than Monica Monica will have more regret over the loss than Adam Both will have equal regret over their losses O Adam's and Monica's risk aversion will increase in the future