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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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Expected value

Risk & psychology

The probability-weighted average of the outcomes of a decision.

In plain terms

It reframes a choice from whether this will work to what the distribution looks like. A positive expected value can still lose most of the time.

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Indian stock market glossary · Market Vidyalaya