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Investing Glossary:
Golden Mean or Golden Ratio
Copyright 2012,
Campbell R. Harvey. All Rights Reserved.
Do not reproduce without explicit permission.
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| Term: |
| Golden Mean or Golden Ratio
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| Definition: |
| The Ratio of any two consecutive numbers in the Fibonacci sequence, known as phi and equal to 0.618; a proportion that is an important phenomenon in music, art, architecture and biology.
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