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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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Sunk cost fallacy

Risk & psychology

Continuing to hold a losing position because of what has already been spent on it.

In plain terms

The question that dissolves it: if I held none of this, would I buy it today at this price. Your purchase price is known to you and to nobody else in the market.

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Indian stock market glossary · Market Vidyalaya