Tag: book

What is 'Ralph Wanger' The former chief portfolio manager for the Acorn Fund who founded Wanger Asset Management. Ralph Wanger also gained...

DefinitionIn economics, "rational expectations" are model-consistent expectations, in that agents inside the model are assumed to "know the model" and on average take the...

Rebalancing is realigning the weightings of portfolio of assets, so a person may buy or sell their assets in their portfolio to maintain level...

What is 'Sacred Cow' A firmly held mainstream belief that is considered to be true without independent verification. In finance, and in...

What is a 'Salvage Value' Salvage value is the estimated value that the owner is paid when the item is sold at the end of...

DefinitionBait-and-switch is a form of fraud used in retail sales, but also employed in other contexts. Bait And Switch What is 'Bait And...

Black Swan Events or happenings can be best described as unforeseen, rare, and out of control from normal circumstances, which occur beyond expectations and...

A stop loss order is an order that is placed with a broker because a stock has reached a certain price. This is basically...

DefinitionCrony capitalism is an economy in which businesses thrive not as a result of risks they take, but rather as a return on money...

What is 'Canceled Order' 1. A previously submitted order to purchase or sell a security that is canceled before it has been...