Prospect Theory Says That

Prospect theory says that

A) people should follow their gut feelings and purchase stocks they think have good prospects.
B) people will tend to sell off winning investments too quickly and hold onto losing ones too long.
C) people tend to be overly pessimistic about developments in the stock market.
D) during a speculative bubble most people are thinking that they won't be able to get out of the market before the bubble bursts.

Correct Answer:

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