Some believe that the house money effect is an example of mental accounting, whereby capital is kept separate from recent profits, leading investors to view said profits as disposable. (investopedia.com)
Condon's words followed the announcement that Shearman's most recent profit per equity partner figure had jumped by 18 % to a massive $ 2.165 million (# 1.74 million) on the back of a sustained period of global revenue growth. (legalcheek.com)
After three recent profit downgrades, Consolidated Minerals is looking to raise $ 70 million to shore up its Kambalda nickel aspirations, while the associated Kiernan family bails out. (businessnews.com.au)