In the book called Reminiscences of a Stock Operator, Larry Livingston our hero of the story, committed what we now know as the disposition effect, when he held onto his position in cotton which showed him a loss, but sold his position in wheat which showed him a profit. He came to the conclusion that this was the worst speculative blunder that anyone could ever make in the market.
published Mar 29, 2018, 11:33:20 AM, by Elise Young (Bloomberg) — New Jersey’s pension fund has sold its stake in Vista Outdoor Inc., a manufacturer of semi-automatic rifles, as lawmakers around the U.S. consider banning such investments. The state’s investment division sold shares worth $1.9 million on March 20, according