Examlex
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Survivorship Bias
The error of focusing only on the entities that have survived some process and overlooking those that have failed.
Mutual Funds
Shareholder-funded investment platforms which engage in trading within diversified portfolios under professional management.
Lock-up Restrictions
Contractual limitations on the sale of securities, typically imposed on company insiders following an initial public offering.
Less Liquid
A term describing an asset that cannot be quickly sold or converted into cash without significant loss of value.
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