resource curse n.— «Although economic growth is a key ingredient to poverty reduction, some academics have formulated the “resource curse” theory, which, broadly stated, includes the proposition that an economy blessed with...
float someone v.— «Young newcomers to the city of a certain income—that is, those who are neither investment bankers nor being floated by their parents—manage to live the kind of lives they want in New York.» —“Starting Salaries but...
zombie n.— «Investments which last for much longer than the five-year standard nowadays often go one of two ways: either the company is killed off by the weight of its borrowings or it becomes what is known as a “zombie”—a business that...
Barbie n.— «Fortunately, Brits can take advantage of the weak dollar in a different way, said Stephen Adams in Britain’s Daily Telegraph. Instead of vacationing in the States, we are buying investment homes there. The new army of...
fat tail n.— «Finance is about numbers, and some numerical analysis will always be needed to see trends and plan investment strategies. But there are limits to numerical jugglery, and this is the underlying message of the current round of...
black swan n.— Note: Probably related to the theories of philosopher Karl Popper. «Finance is about numbers, and some numerical analysis will always be needed to see trends and plan investment strategies. But there are limits to numerical...