1 Flashcards

1
Q

backseat driver

A

someone who gives unwanted advice or who tries to control something that is supposed to be controlled by another person Several members of the board of directors have accused him of being a backseat driver.

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2
Q

commodity

A

کالا

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3
Q

landlocked

A

Switzerland, which is landlocked and fully integrated with both its immediate neighbors and the world economy,

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4
Q

sovereignty,

A

supreme power or authority.

the authority of a state to govern itself or another state.

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5
Q

pet projects

A

Investments in which influential managers want the corporation to invest.

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6
Q

Sunk Cost

A
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7
Q

The mystery of capital

A

راز نه

میستری

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8
Q

survivorship bias

A

reinforce areas where the returning aircraft were unscathed

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9
Q

window dressing

A

Selling riskier securities is an attempt to make their portfolios appear less risky

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10
Q

representativeness

A

investors assess new information and probabilities of outcomes based on similarity to the current state or to a familiar classification;

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11
Q

mental accounting

A

the different values a person places on the same amount of money, based on subjective criteria, often with detrimental results.

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12
Q

second guess

A

judge or criticize (someone) with hindsight.

“the prime minister was willing to second-guess senior ministers in public”

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13
Q

Cherry picking

A
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14
Q

Ready, Prepare

A
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15
Q

Boilerplate language

A

Standardized text

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16
Q

Deep work

A

Focus on your most important long-term project