Now we need to think about a model of the stock market And the model we're going to use is based on what's called the Efficient Market Hypothesis.
现在需要想一想一个股市的模型是怎样的,我们要用的模型是,基于有效率市场假说的。
What this model asserts is that markets are informationally efficient.
这个模型说,这个市场处理信息有效的。
Jeremy Siegel, in his book, which is assigned for this course, is really emphasizing this capital asset pricing model, emphasizing the kind of efficient portfolio frontier calculations that I've done.
杰里米·西格尔的著作,是本课的指定书目,书中着重讲述了资本资产定价模型,以及有效边界等的计算方法,这部分我已经讲完了。
应用推荐