A portfolio is the collection of assets that you have financial assets, tangible assets.

一个投资组合就是你拥有的资产的集合,例如金融资产，有形资产。

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In the meantime the total number of banks in the US continues to decline while the ratio of tangible equity to tangible assets stands higher than any time in the 1984-2010 period.

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Major banks and brokerage houses like Goldman Sachs trade below net tangible assets per share.

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Some investors are nostalgic for earlier times when tangible assets looked safe as paper stocks fell.

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