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fat tail

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

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...

ride jockey

ride jockey  n.— Note: The Historical Dictionary of American Slang dates this use of “jockey” meaning “an operator, handler, or worker” to 1908. «Dodson joined the Louisiana fair Wednesday.…Before working the...

historical rhyme

historical rhyme  n.— «Take George Bush. By whom I mean George Bush (1796-1859), first cousin of the president’s great-great-great-grandfather. It would be hard to find a more unlikely forebear.…He published his first book...

recaptive

recaptive  n.— «Colonized by the British, these two countries almost have similar historical backgrounds, more so with regards the Trans Atlantic slave trade. That exercise which saw many Africans recaptured on the high seas at the height...

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