Paul Pepper: 'Foolish Corner' Author John Howe, "Myopic Loss Aversion"

Mar 2, 2018

Today Paul Pepper visits with 'The Foolish Corner' author JOHN HOWE about "myopic loss aversion." What does that mean? Simply put: if you invest in the stock market, you dislike the loss more than you like the gain. Why does this happen? John says it's evolutionary (losses can have detrimental consequences). His advice: don't look at what the market is doing every day. March 2, 2018