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Which of the following statement is FALSE? Overconfident behaviors tend to actively trade their portfolios. Under the prospect theory, investors tend to take risk-taking behavior

Which of the following statement is FALSE?

Overconfident behaviors tend to actively trade their portfolios.

Under the prospect theory, investors tend to take risk-taking behavior when it comes to gains while show risk-averse behavior with regard to losses.

You are guilty of playing with house money if you are willing to take on more risks with money that you've earned with less precious windfall money.

When you are fixated on a purchase price, you are experiencing an anchoring effect.

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