Gains/Losses: Frame things broadly... - Mental Health Sup...

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Gains/Losses

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Frame things broadly. Believe "you win a few, you lose a few." Limit your emotional responses to small gains and small losses. It induces better decision making.

(by Daniel Kahneman—professor of psychology and public affairs at Princeton University—awarded the Nobel Memorial Prize in Economics in 2002 for his work in prospect theory)

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