Folio

Entertainment / Literature / Folio: A term from the early production of paper and vellum in the medieval period. When a single large sheet is folded once and sewn to create two leaves, or four pages, and then bound together, the resulting text is called a 'folio.' On a single sheet, the page visible on the right-hand side of an open book or the 'top' side of such a page is called the recto side (Latin for 'right'), and the reverse or 'bottom' side of such a page (the page visible on the left-hand side of an open book) is called the verso side (click here to see this visually). Folios are typically large books, twice the size of a quarto and four times the size of an octavo printing. Compare folio with quarto and octavo.
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Portfolio R2

Business / Finance / Portfolio R2: Used in the context of general equities. Number between 0 and 1 that measures the strength of correlation of movement between the portfolio/stock and the index. Indeed, the R2 is the square of the cor MORE

Portfolio Turnover

Business / Taxes / Portfolio Turnover: Portfolio turnover is the rate at which a mutual fund manager buys or sells securities in a fund, or an individual investor buys and sells securities in a brokerage account. A rapid turnover rate, whi MORE

Active Portfolio Strategy

Business / Finance / Active Portfolio Strategy: A strategy that uses available information and forecasting techniques to seek better performance than a buy and hold portfolio. Related: Passive portfolio strategy. MORE