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What is the bullwhip effect?
Rules of Thumb
General principles or guidelines that provide simplified advice or wisdom based on experience or common practice.
Biases
Systematic patterns of deviation from norm or rationality in judgment, where particular feelings, beliefs, or behaviors predominate over others.
Equity Investments
Financial investments in stocks that represent ownership in a company or corporation.
Stock Market
A marketplace where stocks, bonds, and other securities are bought and sold, facilitating capital raising for companies and investment opportunities for individuals.
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