You never forget your first time investing, study finds

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A new study finds people form a surprisingly strong attachment to their debut stock. Photograph: Angela Weiss/AFP via Getty It seems you never forget your first stock. A new study, Love at First Trade, finds people form a surprisingly strong attachment to their debut stock – even when it doesn’t love them back. Researchers analysed trading records of Chinese retail investors from 2013 to 2016 and found a persistent “first stock bias”. Investors kept buying their first stock again and again – more often, and with more money, than any other. This held true whether it had made or lost...