LEONID VITALIYEVICH KANTOROVICH
A Russian mathematician and economist who received the Nobel Prize in Economics, together with Tjalling Koopmans, for his research on optimum allocation of resources. In his book The Best Use of Economic Resources, published in 1959, he described optimal ways to deal with problems of centrally planned economies; planning, pricing, and decision making to name a few. He has notable contributions on functional analysis, approximation theory, and operator theory; and originated the linear programming technique. He also observed the complexity of stabilization policy.
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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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