Loss aversion and the sunk cost trap quietly erode returns and, paradoxically, help explain why momentum investing works.

The sunk cost fallacy can destroy your portfolio. Discover why investors refuse to sell losing stocks and how behavioral ...

Natalya Yashina is a CPA, DASM with over 12 years of experience in accounting including public accounting, financial reporting, and accounting policies. Michael Nagle / Bloomberg via Getty Images Sunk ...

Add Yahoo as a preferred source to see more of our stories on Google. A young child and supporter of President Trump stands outside the White House. (Dominic Gwinn / Middle East Images / AFP/Getty ...

Berlin's new airport was supposed to open in 2011 with a budget of 2 billion euros. Instead, it finally opened in 2020 after costing over 6 billion euros. The project was plagued with problems from ...

A neighbor and I were commiserating over a 6-foot distance about our recent losses. He said his retirement portfolio was way down, but “it’s not a loss until you cash it out.” This is a common mistake ...

The behavior of people who remain committed to a choice, even when it is clear that an alternate choice would be a better option, has been a perplexing phenomenon to psychologists and economists. For ...

A Reflection for Tuesday of the Third Week of Advent Which of the two did his father’s will? Find today’s readings here. The sunk cost fallacy is a theory that posits that we keep going down a path ...