• It may have to do with the fact that people today don't seem to be as focused on dividends and so that means that companies are more able to reinvest earnings and not pay.

    这跟当下人们不那么,关注股利有关,这意味着公司,可以更多地将收益再投资,而不是支付股利

    耶鲁公开课 - 金融市场课程节选

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