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Which client has demonstrated the endowment behavioural bias?

Which client has demonstrated the endowment behavioural bias?

A.

Farida, who purchased shares in a real estate company based on the success of previous real estate company purchases

B.

Kendra, who believed that funds managed by a certain fund management company must be good quality since she often sees the advertisements

C.

Dave, who wants to sell his income property at a price that is higher than comparable properties in the area

D.

Peter, who chose to hold his mutual fund shares despite the fact that the shares had lost value, the prospects for the fund were poor and believing there are stronger alternative investments available

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