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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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Hedonic adaptation

Risk & psychology

The tendency to return to a baseline level of satisfaction after a change in circumstances.

In plain terms

Why more things buy happiness briefly and a higher baseline permanently. The new normal costs more and feels the same.

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Indian stock market glossary · Market Vidyalaya