put your money where your mouthis, page-36

David,

I totally agree with you with (3 thumbs up!). A forum is used to discuss different ideas and share and never to "impose" one idea as the best ideas.

In as much as stock market is fun (and addictive) as it involves us possessing parts of the company, we sometimes become a victim of "endowment effect" (divestiture aversion). This is where if we own the share, we justify its existence and to hold it. This is specially when the price drops and you buy more, reinforcing this effect. So if somebody has a negative opinion, it is treated with strong rejection almost akin to telling "you're wife is ugly!" and you just had a whisky pondering about your next mortgage repayment. I hope we in this forum remain as honest to ourself and share our good and bad sides. This is why this forum is set up for and even me, I am not afraid to tell you that I got "faded" and lost money and felt like an idiot. It makes me realise "I am only human!"

Have a great weekend and for such a busy week, have a nice red and enjoy it with family or love ones!

superox