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On days like this the shorters profit from Kahnemman's...

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    On days like this the shorters profit from Kahnemman's observation that individuals assess loss and gain in an asymmetric manner. For example, the pain from losing $1,000 could only be compensated by the pleasure of earning $2,000. Knowing that, they've lined their buckets up at the bottom of the cliff waiting for the coin to drop
 
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