So I use behavioral explanation to explain the BM effect: the BM effect is only because market overreaction to intangible information.
从行为金融方向解释，认为账面市值比效应是市场对账面市值比指标中包含的无形信息过度反应的结果。
Like the previous years, I was part of the BM photo Team and I was assigned an area of the playa to document.
与往年一样，我是部分骨髓摄影队，我被分配一个地区的普拉亚文件。
Like the previous years, I was part of the BM photo Team and I was assigned an area of the playa to document.
与往年一样，我是部分骨髓摄影队，我被分配一个地区的普拉亚文件。
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