Money Magazine

Overcome the fear of loss

why do we undervalue opportunity? The answer is simple. What we can do about it, however, is a little more complex. W undervalue opportunity because our basic survival instinct is biased toward avoiding negative outcomes.

In the early 1970s, two psychologists, Daniel Kahneman and Amos Tversky, observed something peculiar while investigating people’s gambling behaviour. They were interested

You’re reading a preview, subscribe to read more.

More from Money Magazine

Money Magazine4 min read
Should You Renovate Or Move?
Home is a structure that provides us with accommodation, but for many of us it's much more than that; it's our sanctuary, a place where we feel happy and secure. Even if our home no longer provides the space or layout we need, many of us are still re
Money Magazine1 min read
Shares
▶ MORE SHARES STORIES ON P78-85 Shareholders are increasingly objecting to what they regard as company executives’ inflated pay packets. Strikes against executive salaries among the 300 largest companies listed on the Australian SecuritiesExchange (A
Money Magazine4 min read
Boost Your Cashflow With Mortgage Funds
Individual investors can now more easily access mortgage funds, an investment opportunity that has traditionally only been available to institutional investors and highnetworth individuals, and benefit from the regular income and diversification adva

Related Books & Audiobooks