Status quo bias original, relying, recent

Matori

Different sources define this differently. Is status quo bias sticking to your original forecast, or is it relying too heavily on recent information?

OmarAdnan

Status quo bias and status quo trap look different?
It seems only Asset Allocation is consistent across study sessions. Others are kind of “segmented”.

RMontgomery

From CFAI:
Loss aversion leads people to hold their losers even if an investment has little or no chance of going back up
Regret aversion can cause FMPs to hold onto positions too long. They are reluctant to sell because they fear that the position will increase in value and then they will regret having sold it.
I love BF!
i think we need more context like a statement “i really don’t like to lose” or “i feel i could regret this or that” in order to pick the right one…

KungFuPanda

disposition effect - loss aversion

kim226

Should be gambler’s fallacy which is related to loss aversion

rohitdoshi

regret aversion

noel

what type of bias is presented when someone refuses to sell a losing position in hopes it will bounce back?

dmar

Another question: status quo trap (eco) is leaving variables as they are because of the past e.g 3% inflation, right? …i hate all these definitions and same wording in different chapters. Same for completion portfolio vs completion fund.

kseniaru

that is true frankz888.

dyga

how about in terms of defined contribtions when an investor sets his allocations and just leaves it?
thats status quo as well