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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Resulting

Risk & psychology

Judging the quality of a decision by how it turned out rather than by the reasoning available when it was made.

In plain terms

The dangerous box is not the sound decision that lost — it is the rule violation that paid, because indiscipline has just been reinforced with money.

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Gestation period

Fundamental analysis

The lag between capital being spent and the resulting revenue arriving.

In plain terms

The stretch where reported numbers look worst and screens mark the company down.

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