The behavior of tax avoidance consists of subject element, behavior element and effect element.

避税行为由主观要件、行为要件和效果要件三要素构成。

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It was an honest attempt to resolve the un-resolvable, but as Adam Ozimek of Modeled Behavior points out in this awesome post, we overlooked one crucial element: PURE RAW MUSCLE POWER!

FORBES: Our List of The World's Most Powerful People Overlooks Key Element: Muscles

In the short run, at least, the herd behavior of the pros makes it even harder for you to take a winning bet against the "speculative element" in a stock's price.

WSJ: Intelligent Investor: Don't Bet the House on Efficient-Market Model