Oddly Wired
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emotion

You avoid information that makes you feel bad.

The ostrich effect refers to the tendency for individuals to avoid information that might be negative or disappointing, such as checking investment portfolios during market downturns.

While often attributed to emotional avoidance, the original 2009 study focuses on the empirical evidence of monitoring behavior changes rather than the internal emotional states of the subjects.

You bury your head to avoid the truth.

Where this comes from

Study
Karlsson, Loewenstein, and Seppi, 2009
What the check found
The Ostrich Effect is a real behavioral finance term, but the claim frames an observational economic behavior as a psychological fact about emotional regulation.
Confidence
Solid, with limits

Related

One of these every day, and every one names the study it came from. When a finding is contested, it says so.