marginal investor
EFFH 假设:(1)一家公 司的股票价格是由一边际投资人(marginal investor)所决定;(2)在t 期, 边际投资人为不精明的机率在0 与1 之间。
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他用幽默的语言,好笑的例子和诸如“卖空”和“边际购买”之类模糊的术语向刚刚崛起的投资人讲解神秘的金融世界。
Using punny humor and wry examples, he explained the arcane world of finance, with its foggy phrases such as "selling short" and "buying on margin, " to the newly empowered personal investor.
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