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Discuss a potential rebalance due to recent market

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Question: You are meeting with your client, Mr. Johnson, to review their portfolio and discuss a potential rebalance due to recent market volatility. During the meeting, Mr. Johnson tells you that the recent volatility was both predictable and obvious and asks why you didn't rebalance him before the volatility occurred. Which bias is your client displaying?

Reference no: EM133596122

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