问题如下:
Which of Tang’s observations is least likely to be the consequence of Jordan demonstrating loss-aversion bias?
选项:
A.Observation 1.
B.Observation 2.
C.Observation 3.
解释:
C is correct.
Loss aversion by itself may cause a sector concentration; however, a market neutral strategy tends to focus on individual stocks without regard to the sector. The sector exposure would be mitigated with the balancing of the individual long and short positions.
为什么不选B呢