What are the big ideas concepts theories you have learned


Question: What are the big ideas (concepts, theories) you have learned in finance? Please provide a short list with brief explanations of each.

(Example 1: risk return relationship - risk return trade off: higher risk is associated with greater probability of higher return and lower risk with a greater probability of smaller return. Investment is about pursue higher return for a given level of risk or lower risk for a given level of return.)

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Finance Basics: What are the big ideas concepts theories you have learned
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