No one likes to crystallise their loses. I coined the phrase 'the gas chamber syndrome' in my professional practice. Humans psychologically want to hope for the best even when the evidence is overwhelming the opposite.
The one in one million chance that this could turn around on a simple announcement prevents me from selling. Conversely, l am not stupid enough to sink more than the $120K thus far.
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No one likes to crystallise their loses. I coined the phrase...
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