The distinction between ambiguity aversion and risk aversion is important but subtle. Biased anticipation of negative outcomes leading to loss aversion involves specific somatosensory and limbic structures. He should always be known to be an ascetic who hath no aversion nor desire. They represent the three poisons of ignorance, aversion, and attachment, respectively. It is generally taken to be evidence for ambiguity aversion. This suggests that loss attention may be more robust than loss aversion. The power of negative leverage relies on loss aversion. It may also reduce its risk aversion. Another limitation is the reflection effect which demonstrates the reversing of risk aversion. This effect as well was found in the absence of loss aversion. Depression is a state of low mood and aversion to activity. A time-varying relative risk aversion can be considered. In addition, the result holds regardless of your risk aversion. Different investors will evaluate the trade-off differently based on individual risk aversion characteristics. This is an extremely strong aversion to hedonism.