Offering to buy people's lottery tickets for more than what they paid

Trading is often about how to take the appropriate risk without exposing yourself to very human flaws.
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eightbo
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Location: Malta / Australia

https://www.facebook.com/whyareweallsos ... 065290463/

A nice re-edit of this video from last year which touches on regret avoidance, the endowment effect, risk aversion, loss aversion

"You see the endowment effect anytime there's a gap between buyers and sellers"
Last edited by eightbo on Wed Aug 29, 2018 1:20 am, edited 1 time in total.
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Euler
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That's a great video and an excellent example.
Jukebox
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Joined: Thu Sep 06, 2012 8:07 pm

LOL Try to green up in play.
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northbound
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Nice stuff, eightbo
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Dallas
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Excellent video thanks for posting
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