Horror for Newbies

Aditya Rai Sud
Aditya Rai Sud’s Kindle Notes & Highlights
The Warren Buffett Way, by Robert G. Hagstrom

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On a 50/50 bet, with precisely even odds, most people will not risk anything unless the potential gain is twice as high as the potential loss. This is known as asymmetric loss aversion:
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The Warren Buffett Way
The Warren Buffett Way
by Robert G. Hagstrom
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