Post #8480 by Said on the Berkshire Hathaway board

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- Manlobbi

Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A) ❤

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The endowment effect is a terrible logical flaw
Correct me, but I might see another one, in this:

If I had been fully invested I might have sat on my hands a bit more rather than yelling "sell sell sell"
Shouldn't one act at any time unemotionally and exactly identical no matter whether money currently is invested or not? How is that bias called to not sell something only because you currently own it, while on the other hand you wouldn't buy it if not currently owning it? Mental laziness?

Just (half) kidding, making a bit fun of you (I think you can stand it :)

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