Left Sided Appendicitis: Once Burned Twice Shy

Left-sided acute appendicitis: Once Bitten twice shy

Department of General Surgery, K. B. Bhabha Municipal Hospital, Bandra, Mumbai. Address of Correspondence Dr. Vinaykumar Thati Flat No. 2, New Pragati CHS, Vijay Manjrekar Lane, Off Gokhale road (north), Dadar West,

Once bitten, twice shy.

Once Burned, Twice Shy: How Pride and Regret Affect the Repurchase of Stocks Previously Sold

We establish two previously undocumented patterns in the purchase selections of individual investors and confirm a related pattern. These patterns hinge on investors’ previous experience with a stock. We demonstrate that investors prefer to: (1) repurchase stocks they previously sold for a gain rather than stocks they previously sold for a loss, (2) repurchase stocks that have lost value subseq...

Once Burned, Twice Shy: Naïve Learning, Counterfactuals, and the Repurchase of Stocks Previously Sold

We establish two previously undocumented patterns in the purchase selections of individual investors and confirm a related pattern. These patterns hinge on investors’ previous experience with a stock. We demonstrate that investors prefer to (1) repurchase stocks that they previously sold for a gain, (2) repurchase stocks that have lost value subsequent to a prior sale, and (3) purchase addition...

Once Burned, Twice Shy: How Naive Learning, Counterfactuals, and Regret Affect the Repurchase of Stocks Previously Sold

Investors’ previous experiences with a stock affect their willingness to repurchase that stock. Using detailed trade data from two brokers, the authors document that investors are reluctant to repurchase stocks previously sold for a loss and stocks that have risen in price subsequent to a prior sale. The authors propose that this behavior reflects investors’ emotional reactions to trading and t...