Payne's Perspective: March 11, 2024: Not Overconfident...Yet!
3/11/2024
The Prospect Theory comes with the following characteristics: 1. Certainty 2. Small probabilities 3. Relative positioning 4. Loss aversion The theory is that people make decisions based on preventing loss rather than achieving optimal outcomes. There are two phases to the decision–making process:
Behavioral Economics Investors usually make decisions largely based on the Prospect Theory until there is such a shift in general exuberance it causes everyone to throw caution to the wind. Throwing Caution to the Wind:
To read full report contact your account representative or email Info@wstreet.com.
Charles Payne
More Articles by Charles Payne
Payne's Perspective: April 29, 2024: Will The Rebound Have Legs? Payne's Perspective: April 22, 2024: Goldilocks Was An Interloper Payne's Perspective: April 15, 2024: At Least Tax Season Is Over Add a Comment! |
Home |
Products & Services |
Education |
In The Media |
Help |
About Us |
Disclaimer | Privacy Policy | Terms of Use | All Rights Reserved.
|