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Re:Why in the world would you own bonds? by WalterBright on Wednesday March 17, 2021 @03:18AM (#26487576)
Investors are subject to the sunk cost fallacy, whereby they hold a stock they currently believe is a bad investment, because to sell it is to admit it was a bad choice.
Re:Why in the world would you own bonds? by xkjkls on Wednesday March 17, 2021 @03:23AM (#26487598)
Sure, are they also subject to a lost profits fallacy, where if they believe an investment is good but don't invest in it, they would be entirely rational? I don't see it.