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Why do we inflate the value of what we own?Akshay Yelburgi, Credence Family Office, Bangalore

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Key Take-Aways
  • Due to emotional attachment, many investors value the investment more than it is worth and so they defend their decision and are reluctant to let go if it makes a loss.

  • When in need of liquidity, many investors make the mistake of selling the stock that is making money rather than the stock that is making a loss.

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