Quote of the day by Daniel Kahneman: "When deciding to sell, people have control over whether to give themselves pleasure or give themselves pain, and they tend to give themselves pleasure. In other words, they tend to sell winners and hang on to losers. It turns out to be a bad idea."

As reported by Markets-Economic Times

Daniel Kahneman’s behavioural economics insights explain why investors often sell winning stocks too early while holding losing investments. Loss aversion can distort decisions, highlighting the need to focus on future fundamentals, valuations and growth prospects instead of emotional attachment to past prices.

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Quote of the day by Daniel Kahneman: "When deciding to sell, people have control over whether to give themselves pleasure or give themselves pain, and they tend to give themselves pleasure. In other words, they tend to sell winners and hang on to losers. It turns out to be a bad idea."

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