Emoji, the little icons and characters that you send and receive every day, fall under the jurisdiction of the Unicode Consortium. The Consortium is the organization responsible for maintaining ...
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This phenomenon reflects loss aversion, and Spencer mentions that this investing bias is normal. "Loss aversion is natural and affects everyone. People seek pleasure and want to avoid pain," he says.
Frustrated staffers point to a plodding management style and aversion to take the right kind of risk, particularly on the trading desk to support big corporate clients and their banking deals.