Maia 
Kimchi premium is a term used in the cryptocurrency community to describe the difference in price between cryptocurrencies traded on South Korean exchanges and those traded on other exchanges around the world. The term was first coined in early 2017, when the price of Bitcoin on South Korean exchanges was consistently higher than the global … Read more
Portfolio turnover is a measure of how often the securities in a portfolio are traded. A high turnover rate means that the portfolio is being actively traded, while a low turnover rate means that the portfolio is being held for a longer period of time. The turnover rate can be calculated by dividing the number … Read more
Microeconomics describes a phenomenon known as the “snob effect,” which occurs when the demand for a particular good by persons with high income is contrarily related to the demand of that good by persons with low incomes. The snob effect creates an atypical slope on the demand curve of normal goods. This effect causes both … Read more
