DANIEL KAHNEMAN
He is a professor of psychology at Princeton University and a winner of the Nobel Prize in economics in 2002 for his research on the prospect theory. The theory is all about human judgement and decision making. He combined both economics and psychology in his research. Kahneman was born in Tel Aviv in 1934, he spent his childhood in France before he and his family moved to Palestine. He also thought at the University of California, University of British Columbia and Hebrew University of Jerusalem.
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Bubble Theory
Belief the prices of assets occasionally rise way above their true values and these bubbles are easily identifiable. The theory states huge overval ...
Hedge Accounting
An accounting method in which entries for the ownership of a security and the opposing hedge are treated as one. This method attempts to diminish t ...
12B-1 Fund
Mutual fund charging 12B-1 fees to its holders instead of the up-front or back-end commissions. Such funds take a specific part of assets and use i ...
George Soros
Hungarian-born American hedge fund manager, business magnate, and philanthropist broadly considered to be one of greatest investors worldwide. He m ...
Thorstein Veblen
American economist and sociologist best known for introducing the phrase “conspicuous consumption” in his book The Theory of t ...
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