CFA Level I sample question

CFA Level I The Behavioral Biases of Individuals question

Portfolio Management / The Behavioral Biases of Individuals

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The Behavioral Biases of Individuals sample question

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Portfolio Management

The Behavioral Biases of Individuals

Rosa Almeida funds her living expenses only from dividends and interest, refusing to sell shares even when better total-return opportunities exist, and she manages her vacation account separately from her retirement account without considering how the holdings in the two accounts interact. Her behavior is most consistent with:

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