In theory, no rational investor would invest when expected real return on equity is declining and negative but they still do. Market participants are risk seeking and irrational.
理论上，当预期实际回报率是下降的或负值时，理性投资者是不会投入的，但实际情形并非如此，市场参与者是风险偏好的和非理性的。
In theory, no rational investor would invest when expected real return on equity is declining and negative but they still do. Market participants are risk seeking and irrational.
理论上，当预期实际回报率是下降的或负值时，理性投资者是不会投入的，但实际情形并非如此，市场参与者是风险偏好的和非理性的。
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