👉 Overspecified is a phrase used in finance and investment management to describe an asset or portfolio that has been overvalued by investors, often due to negative market expectations. This can lead to mispricing of the asset or portfolio, which can result in losses for investors who hold it. The term is derived from the Greek word "overs" meaning above or beyond expectation and "speculated," meaning to predict or speculate on something without sufficient evidence. In financial terms, overspeculation refers to an
