Question
Suppose an investor bought shares of stock in a company three months ago and the stock has subsequently increased in value from $50 to $60
Suppose an investor bought shares of stock in a company three months ago and the stock has subsequently increased in value from $50 to $60 per share.What potential mistake does behavioral finance warn of in this situation, and how should the investor make a decision regarding the investment at this point?
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Fundamentals of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
15th edition
1337671002, 978-1337395250
