A prediction market is a speculative marketplace where participants buy and sell contracts that represent predictions about future events or outcomes. The prices of these contracts fluctuate based on the collective wisdom and insights of the participants, reflecting the perceived likelihood of different scenarios or outcomes.

Bet on the future 🎯📈 Crowdsourcing wisdom to forecast what’s coming.

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The Potemkin Village is a metaphor derived from an anecdote about Grigory Potemkin, a Russian military leader in the 18th century. According to legend, Potemkin allegedly constructed fake villages along the route of Catherine the Great's travels to create the illusion of prosperity and impress the Empress. In modern usage, the term "Potemkin Village" refers to any deceptive or artificial facade or display designed to mask underlying problems, shortcomings, or realities.

Looks great, but it’s fake 🎭🏚️ Superficial success hiding real problems.

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A pivot is a strategic change in direction or approach made by a business or organization in response to changing market conditions, customer feedback, or internal factors. It involves reassessing the original business model, product, or strategy and making significant adjustments to better align with emerging opportunities or address evolving challenges.

Change the plan, not the goal 🔄🚀 Shifting strategies when something isn’t working.

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The Pareto Principle, also known as the 80/20 rule, states that roughly 80% of effects come from 20% of causes or inputs. In other words, a disproportionate amount of outcomes or results are typically produced by a small portion of inputs or efforts.

80/20 rule 🔄⚡ 80% of results come from 20% of efforts.

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Opportunity cost is a fundamental economic concept that refers to the value of the next best alternative foregone when a decision is made. In other words, it represents the benefits or value that could have been gained by choosing an alternative course of action instead of the one that was chosen.

Every choice has a price 💸⏳ What you give up when choosing one option over another.

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Optimism bias is a cognitive bias that causes individuals to overestimate the likelihood of positive outcomes and underestimate the probability of negative outcomes, relative to others or objective evidence. It leads people to believe that they are less likely to experience adverse events or failures compared to their peers, even when faced with similar risks or uncertainties.

It won’t happen to me! 😃🚀 People overestimate good outcomes and ignore risks.

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"Only the Paranoid Survive" is a concept introduced by former Intel CEO Andy Grove in his book of the same name. It emphasizes the importance of maintaining a sense of vigilance, adaptability, and preparedness in an ever-changing and competitive business environment. Grove argues that successful companies must continuously anticipate and respond to disruptive threats, industry shifts, and competitive pressures to avoid being overtaken by rivals or rendered obsolete.

"Stay hungry, stay alert 👀🔥 In business, complacency kills."

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Net Present Value (NPV) is a financial concept used to evaluate the profitability of an investment or project by calculating the present value of its expected cash flows, discounted at an appropriate discount rate. NPV measures the difference between the present value of cash inflows (such as revenues, savings, or benefits) and the present value of cash outflows (such as investments, expenses, or costs). A positive NPV indicates that the investment is expected to generate value and exceed the required rate of return, while a negative NPV suggests that the investment is not financially viable.

"Dollars today > Dollars tomorrow 💵⏳ The valueof money depends on when you get it."

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The Mythical Man-Month is a concept introduced by Fred Brooks in his book of the same name. It refers to the misconception that adding more manpower to a late software project will accelerate its completion. Brooks argues that adding more people to a late project often leads to decreased productivity due to increased communication overhead, training time, and coordination efforts, which he refers to as the "tar pit" effect.

9 women can’t make a baby in 1 month 👶⏳ Adding people tolate projects makes them later.

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Mr. Market is a metaphor used by legendary investor Benjamin Graham to represent the collective behavior of the stock market. According to Graham, Mr. Market is an imaginary character who offers to buy or sell stocks at different prices every day based on his emotions, moods, and perceptions of market value. Mr. Market's offers may fluctuate widely and may not always reflect the intrinsic value of the underlying assets.

"Emotional rollercoaster 🎢📉📈 The market swings wildly—don’t let it control you."

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