Story stock
Risk & psychologyA stock whose valuation rests mainly on a narrative rather than on current financials.
In plain terms
Not automatically a bad investment. It is a specific bet that the story survives long enough to become numbers.
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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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