资本资产定价模型并非旨在成为资本市场的实证均衡理论,而是一种规范性理论,描述如果投资者以某种方式行事,价格应如何表现。
I embrace challenges because they make me stronger.
The creation of a modern state is a complex and difficult process that requires the development of strong institutions.
We have three baskets for investing: yes, no, and too tough to understand.