
Loss aversion means people tend to feel the pain of losses more strongly than the pleasure of equivalent gains. Losing $100 usually feels worse than gaining $100 feels good.
This bias influences investing, negotiation, career choices, and consumer behavior. It helps explain why people hold losing assets too long, fear change, and sometimes make defensive choices that feel safe in the moment but costly over time.
Reference:
TaskLoco™ — The Sticky Note GOAT