- Sell winning stocks too early and hold onto losing stocks too long because of loss aversion.
- Holding onto winning stocks too long because they scare cannot buy them back but still believe market cannot go up forever.
- Boasting at paper profits and keeping quiet at paper losses
- Calling losing stocks as long-term investment
Under Armour was a real threat to Nike. Now it’s fighting to stay relevant
| CNN Business
-
New York CNN — It was once hyped as a worthy rival to Nike. But at
present, Under Armour, founded by a 23-year-old former college athlete,is
struggling t...
49 minutes ago
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