Counterfactual
Risk & psychologyThe imagined outcome of a decision you did not take.
In plain terms
Always edited for the ending. You never lived through its drawdowns.
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.
Showing 1 term
The imagined outcome of a decision you did not take.
Always edited for the ending. You never lived through its drawdowns.