Mental accounting
Risk & psychologyTreating money differently depending on which notional pot it belongs to.
In plain terms
A bias, and occasionally a useful one — ring-fencing retirement capital from trading capital works.
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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