client 1 regret aversion的一个特点不是追涨杀跌嘛

- 亲 regret-aversion 的结果有两个，参考基础班讲义 P106
- 这道题考察的是第一个结果 "Be too conservative in their investment choices as a result of poor outcomes on risky investments in the past."
- 你说的是第二个结果 "Engage in herding behavior"

这两个结果，在题目中还是比较好区分的，经典题中也都有收录哈
- 第一个结果，一般题目只会提客户自己的情况， 比如
1）经典题有答案版 P11 的 1.2 题，客户 Ashland "He has also told Taylor that he would be upset to sell an investment, only to then see it appreciate further in value"
2）你说的这道题

- 第二个结果，一般题目都会介绍市场的情况，比如
- 经典题有答案版 P18 的 1.8 题，"the equity market is up 30% ... formation of a market bubble"
- 这里的考点在基础班讲义 P150 "Biases During Bubbles"
- "Regret aversion: an investor does not want to regret missing out on all the gains everyone else seems to be enjoying. "

请参考
- https://class.pzacademy.com/qa/52334
- https://class.pzacademy.com/qa/13717