DAVID RICARDO
An economist known for his Iron Law of Wages. He and other economists simultaneously discovered the law of diminishing marginal returns. His most well-known work is the The Principles of Political Economy and Taxation (1817). He was born in England and had accumulated worth approximately £1 million at the time when his family disinherited him after marrying a girl outside their religion. His wealth came from his success with a business he started that dealt government securities.
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M3
Measuring money supply which includes the following: M2, large time-deposits, repos of maturity larger than one day at commercial banks, institutio ...
S&P 500 Mini
S&P 500 Mini is a derivative contract that represents a designated fraction of the trading value of a standard S&P futures or options contr ...
Rationalization
A reorganization of a company to surge its efficiency. Reorganization may lead to an expansion or reduction in company size, policy changes, or an ...
Industry Bet
Strategy where investors or portfolio managers escalate or reduce holdings in an entire industry, rather than buying or selling individual stocks f ...
Risk Averse
A term that describes an investor who will prefer an investment with the lower risk when he or she encounters two investments with a similar expect ...
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