Alternative investment (Ofer Abarbanel online library)

An alternative investment is an investment in any asset class excluding stocks, bonds, and cash. The term is a relatively loose one and includes tangible assets such as precious metals,[1] art,[2] wine, antiques, coins, or stamps[3] and some financial assets such as real estate, commodities, private equity, distressed securities, hedge funds, exchange funds, carbon credits,[4] venture capital, film production,[5] financial derivatives, and cryptocurrencies. Investments in real estate, forestry and shipping are also often termed “alternative” despite the ancient use of such real assets to enhance and preserve wealth.[6] In the last century, fancy color diamonds have emerged as an alternative investment class as well.[7] Alternative investments are to be contrasted with traditional investments. Continue reading “Alternative investment (Ofer Abarbanel online library)”

Red Cross parcel (Ofer Abarbanel online library)

Red Cross parcel refers to packages containing mostly food, tobacco and personal hygiene items sent by the International Association of the Red Cross to prisoners of war during the First and Second World Wars,[1] as well as at other times. It can also refer to medical parcels and so-called “release parcels” provided during World War II. The Red Cross arranged them in accordance with the provisions of the Geneva Convention of 1929. During World War II these packages augmented the often-meager and deficient diets in the PoW camps, contributing greatly to prisoner survival and an increase in morale. Modern Red Cross food parcels provide basic food and sanitary needs for persons affected by natural disasters, wars, political upheavals or similar events. Continue reading “Red Cross parcel (Ofer Abarbanel online library)”

Wildfire emergency management (Ofer Abarbanel online library)

Wildfires are outdoor fires that occur in the wilderness or other vast spaces.[1] Other common names associated with wildfires are brushfire and forest fire. Since wildfires can occur anywhere on the planet, except for Antarctica, they pose a threat to civilizations and wildlife alike.[2] In terms of emergency management, wildfires can be particularly devastating. Given their ability to destroy large areas of entire ecosystems, there must be a contingency plan in effect to be as prepared as possible in case of a wildfire and to be adequately prepared to handle the aftermath of one as well.[3] Continue reading “Wildfire emergency management (Ofer Abarbanel online library)”

Wildfire (Ofer Abarbanel online library)

A wildfire, wildland fire or rural fire is an unplanned, unwanted, uncontrolled fire in an area of combustible vegetation starting in rural areas and urban areas.[1] Depending on the type of vegetation present, a wildfire can also be classified more specifically as a forest fire, brush fire, bushfire (in Australia), desert fire, grass fire, hill fire, peat fire, prairie fire, vegetation fire, or veld fire.[2] Many organizations consider wildfire to mean an unplanned and unwanted fire,[3] while wildland-fire is a broader term that includes prescribed fire as well as wildland fire use (WFU; these are also called monitored response fires).[3][4] Continue reading “Wildfire (Ofer Abarbanel online library)”

Acertus Market Sentiment Indicator (Ofer Abarbanel online library)

The Acertus Market Sentiment Indicator (AMSI) is a stock market sentiment indicator that generates monthly sentiment indications ranging from 0 (extreme fear) to 100 (extreme greed).[1] The indicator views sentiment as a continuum with anxiety and complacency representing less extreme and nuanced forms of fear and greed, respectively. Generally, a lower reading (< 20) reflects a market sentiment of fear, while readings of 20-40 represent anxiety. Conversely, a higher reading (>80) suggests significant greed, while readings of 60-80 represent complacency.[2] Continue reading “Acertus Market Sentiment Indicator (Ofer Abarbanel online library)”

Accredited investor (Ofer Abarbanel online library)

An accredited or sophisticated investor is an investor with a special status under financial regulation laws. The definition of an accredited investor (if any), and the consequences of being classified as such, vary between countries. Generally, accredited investors include high-net-worth individuals, banks, financial institutions, and other large corporations, who have access to complex and higher-risk investments such as venture capital, hedge funds, and angel investments. Continue reading “Accredited investor (Ofer Abarbanel online library)”

Advisors Sentiment (Ofer Abarbanel online library)

Advisors Sentiment survey is a field of market sentiment. Advisors Sentiment was devised by Abe Cohen of Chartcraft in 1963 and is still operated by Chartcraft, now under their brand name of Investors Intelligence. The survey surveys independent investment newsletters (those not affiliated with brokerage houses or mutual funds). Findings are reported weekly as the percentage of advisors that are bullish, bearish and those that expect a correction. The survey is anecdotal evidence as to extremes in investor confidence, conditions that are often seen at major market turning points. Continue reading “Advisors Sentiment (Ofer Abarbanel online library)”

Alternative data (finance) (Ofer Abarbanel online library)

Alternative data (in finance), a term coined in 2014,[1] refers to data used to obtain insight into the investment process.[2][3] These data sets are often used by hedge fund managers and other institutional investment professionals within an investment company.[4][5][6] Alternative data sets are information about a particular company that is published by sources outside of the company, which can provide unique and timely insights into investment opportunities.[4][7][8] Continue reading “Alternative data (finance) (Ofer Abarbanel online library)”

Absolute return (Ofer Abarbanel online library)

The absolute return or simply return is a measure of the gain or loss on an investment portfolio expressed as a percentage of invested capital. The adjective “absolute” is used to stress the distinction with the relative return measures often used by long-only stock funds[1] that are not allowed to take part in short selling. Continue reading “Absolute return (Ofer Abarbanel online library)”

Active return (Ofer Abarbanel online library)

In finance, active return refers the returns produced by an investment portfolio due to active management decisions made by the portfolio manager that cannot be explained by the portfolio’s exposure to returns or to risks in the portfolio’s investment benchmark; active return is usually the objective of active management and subject of performance attribution.[1] In contrast, passive returns refers to returns produced by an investment portfolio due to its exposure to returns of its benchmark. Passive returns can be obtained deliberately through passive tracking of the portfolio benchmark, or obtained inadvertently through an investment process unrelated to tracking the index.[2] Continue reading “Active return (Ofer Abarbanel online library)”