The concept of stocks, as a foundational element that can be seen, felt, counted, or measured, applies to various fields outside of finance. For instance, in ecology, stocks can refer to the population of a certain species. In inventory management, stocks refer to the amount of goods available for sale. In each case, changes in the stock can affect the inflow or outflow, creating a feedback loop similar to the one in finance.
How do you avoid wasted time, money, and resources from short-sighted decisions? When you think in s...
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