BOARD CERTIFICATION EXAM STUDY GUIDES Lower Extremity Trauma
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Posted on July 20, 2010 by Dr. David Edward Marcinko MBA MEd CMP™
An Opinion Poll
[By Staff Reporters]
According to behavioral economists and financial advisors like Brian Knabe MD CFP™ CMP™ people feel the pain of loss twice as much as they derive pleasure from an equal gain. Studies show that humans process investment losses using the same part of the brain that responds to mortal danger.
For example, a 10% loss in the market causes twice the emotion as a 10% gain would elicit, and the short time period involved in the “flash crash” of 2008-09 compounded this effect.
And so, we ask in this ME-P poll “Where Are We in the Life Cycle of Stock Market Emotions?”
Conclusion
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