Examlex
Considering accidents per miles driven, the MOST dangerous drivers are _____.
Asset Bubble
A situation in financial markets where the price of an asset inflates to levels far beyond its intrinsic value, leading to an eventual crash.
Efficient Markets Hypothesis
The theory that all available information is fully reflected in asset prices, meaning that it's impossible to consistently achieve higher-than-market returns.
Firm-Specific Risk
Risk that affects only a single company
Market Risk
The possibility of an investor experiencing losses due to factors that affect the overall performance of the financial markets.
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