Saturday, August 15, 2015

The Investment Expression: Winners Curse”

                    
The expression has often been used by Wall Street over the years.
                       
In an auction or any bid for a securities purchase where the “winner” gets to make the purchase, that buyer may well overpay. Actual facts wouldn’t suggest the purchase. Yet so many investors feel they have made a great deal of an investment that reflects this very phenomenon. (See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at Twitter.)




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