Examlex
Compared to learning by rote,discovery learning produces a better understanding of new problems.
Top-Down
An investment strategy that starts with global or macroeconomic factors before identifying specific stocks or sectors.
Bottom-Up
An investment approach that focuses on the analysis of individual stocks and de-emphasizes the significance of macroeconomic cycles and market cycles.
Derivatives
Financial securities whose value is derived from the value of an underlying asset or group of assets, such as futures and options.
Speculative Instruments
Financial instruments that carry a high degree of risk, as they are based on the speculation of future prices rather than fundamental or intrinsic values.
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