A second puzzle is why the effect has not been arbitraged away.
第二个谜团是为什么该效应没有因为套利而消失。
Why can I live? The first is because I have no money, second is I do not understand the INTERNET, third is that I think like a fool.
我为什么能活下来？第一是由于我没有钱，第二是我对INTERNET一点不懂，第三是我想得像傻瓜一样。
See the second person, he said: this spider really stupid, why do not dry place from the next to climb up to look around? I'll be as stupid as it can not.
第二个人看到了，他说：这只蜘蛛真愚蠢，为什么不从旁边干燥的地方绕一下爬上去?我以后可不能像它那样愚蠢。
See the second person, he said: this spider really stupid, why do not dry place from the next to climb up to look around?
第二个人看到了，他说：这只蜘蛛真愚蠢，为什么不从旁边干燥的地方绕一下爬上去？我以后可不能像它那样愚蠢。
See the second person, he said: this spider really stupid, why do not dry place from the next to climb up to look around?
第二个人看到了，他说：这只蜘蛛真愚蠢，为什么不从旁边干燥的地方绕一下爬上去？我以后可不能像它那样愚蠢。
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