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How does itch differ from pain?
Efficient Market
An economic theory stating that asset prices fully reflect all available information, making it impossible to consistently achieve higher returns than the overall market.
Market Efficiency
The extent to which stock prices reflect all available, relevant information, making it impossible to consistently achieve higher returns without assuming additional risk.
Selection Bias
A distortion of statistical analysis resulting from the method of collecting samples, leading to data that is not representative of the population being studied.
Magnitude Issue
Refers to the scale or size of an issue or problem, often implying its significance or impact in a particular context.
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