Jill tells her broker that she does not want to sell her sto…

Jill tells her broker that she does not want to sell her stocks that are below the price she paid for them. She believes that if she just holds on to them a little longer they will recover, at which time she will sell them. What behavioral characteristic is Jill exhibiting in her decision making?

Consider these two investment strategies:                   …

Consider these two investment strategies:                                                 Strategy 1                   Strategy 2 Expected Return                    4.0%                            8.0% Standard Deviation                0.0%                            5.0% Highest Return                        4.0%                           14.0% Lowest Return                          4.0%                            4.0% Which of these two strategies (Strategy 1 or Strategy 2) is the dominant strategy? Provide comments in defense of your answer.