Outrageously Funny Word Dictionary :: Oversparingness

👉 Oversparingness is a concept in business, particularly in investment and financial planning, which refers to the tendency of an investor or manager to overstate their knowledge or expectations about a market by giving too much weight to past performance, ignoring recent developments, and overlooking potential risks. This can lead to poor risk management practices, as investments that perform poorly may be perceived as better than those that perform well due to their historical success. Oversparingness is often associated with high-risk, high-reward

oversparingness