Cont. drift theory?

The theory of continental drift suggests that all continents were once united into one supercontinent called Pangea, which drifted apart over time. Alfred Wegener first proposed this theory in 1912, but it was not widely accepted until the 1950s. Evidence such as identical fossils and minerals on separate continents, along with the theory of plate […]

Genetic drift?

Genetic drift is a random mechanism of evolution, where a population’s allele frequency changes due to chance rather than adaptation. It occurs more frequently in smaller populations, while natural selection dominates in larger ones. Genetic drift can occur through random sampling error or population bottlenecks, where a small group is isolated and evolves separately. Genetic […]

What’s a Post Earnings Announcement Drift?

Post-earnings drift is a phenomenon where stocks move in the direction of earnings surprises for months on average. Investors can use this strategy to buy stocks that recently posted better-than-expected earnings, but it can also lead to volatility in investment portfolios. The effectiveness of this strategy is inconclusive due to many variables. Publicly traded companies […]

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