请教博士后大牛# Stock
j*h
1 楼
感谢博士后大牛，让我重新开读这个经典，请教一个问题
根据书上的一小节(如下)，是说明了现在投机者更没有耐心了，还是因为市场更有效率
了(也就是市场价格反映价值更准确了，若有偏差，纠正时间也大为缩短了)？
还是因为有了科技，电脑的出现,交易方式的改变？
Excerpt from
In 1973 when Graham last revised The Intelligent Investor, the annual
turnover rate on the NYSE was 20%, meaning that the typical shareholder held
a stock for 5 years before selling it. By 2002 the turnover rate had hit
105% - a holding period of only 11.4 months
根据书上的一小节(如下)，是说明了现在投机者更没有耐心了，还是因为市场更有效率
了(也就是市场价格反映价值更准确了，若有偏差，纠正时间也大为缩短了)？
还是因为有了科技，电脑的出现,交易方式的改变？
Excerpt from
In 1973 when Graham last revised The Intelligent Investor, the annual
turnover rate on the NYSE was 20%, meaning that the typical shareholder held
a stock for 5 years before selling it. By 2002 the turnover rate had hit
105% - a holding period of only 11.4 months
