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1492 terms

Glossary

Every term is defined twice: once the way a filing would put it, and once the way somebody would explain it to you across a table. The second one is usually the one that sticks.

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Calibration

Risk & psychology

The match between stated confidence and observed frequency — whether the things you were 70% sure of happen about 70% of the time.

In plain terms

Almost everyone is overconfident on first measurement. Writing the number down before the outcome lets you size to your actual reliability rather than to your felt certainty.

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Indian stock market glossary · Market Vidyalaya