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Tip of the Day Refinance Your Mortgage if You Can Cut At Least One Point

Refinance Your Mortgage if You Can Cut At Least One Point - Refinancing a mortgage only makes good sense if you are going to save more than 1% on the...

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Tear Sheet

Tear Sheet - A tear sheet is a slang used for Standard & Poor's single page summary sheets for companies. Standard & Poor, a McGraw-Hill company is a private financial company best known for issuing reports and publications to the financial community on risk management, financial data, indices, and its rating of stocks and mutual funds. The tear sheet gives an overview of the company's segments, the results of their recent operations and fundamental analysis data. Though all data is on computer now, the tear sheet is a throwback to bygone days when brokers would tear out sheets from the S&P summary book to send to both potential and existing investors.

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Definition of the Day Survivorship Bias

Survivorship Bias In many cases, a company that has made it through a rough patch in its existence will be penalized in any reports that come out because of survivorship bias. These reports will not show that other companies have gone out of business during the...

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