Examlex
What happens to taste, smell, and touch as we age?
Extreme Forecasts
Predictions about financial markets or economic conditions that significantly deviate from consensus views.
Recent Experience
Refers to the impact of freshly encountered information or events on an individual's decisions or perceptions.
Mean-Variance Efficiency
A concept in portfolio theory that suggests an investment is efficient if it offers the highest expected return for a given level of risk or the lowest risk for a given level of expected return.
Risk-Adjusted Returns
A measure that puts the returns of an investment into perspective by taking into account the level of risk involved in producing those returns.
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