Re: [請益] 新手美股etf投資

看板Foreign_Inv作者daze (一期一會)時間2年前 (2022/02/04 21:28)推噓17(17推 0噓 3→)

留言20則, 12人參與討論串2/3 (看更多)

John H. Cochrane有一篇論文 <<Portfolios for Long-Term Investors>> ( https://www.johnhcochrane.com/research-all/long-term-portfolios ) 我覺得很值得一讀裡面提供了許多觀點不管你最後同不同意都很值得至少思索一番 === 容我引用其中的一段話: "The average investor must hold the market portfolio." "The average-investor theorem is powerful, because portfolio theory is hard. You have to estimate or otherwise understand time-varying means and covariances of asset returns and state variables, alphas, and betas. Then you have to make a difficult computation, and do a lot of massaging to keep it from blowing up." "But if you know that you are no different than the average— or if you do not really know you are different and how—you are done, you know the answer. Off to the total market portfolio with you." -- So stand by your glasses steady, Here’s good luck to the man in the sky, Here’s a toast to the dead already, Three cheers for the next man to die. -- ※ 發信站: 批踢踢實業坊(ptt.cc), 來自: 114.27.165.117 (臺灣) ※ 文章網址: https://www.ptt.cc/bbs/Foreign_Inv/M.1643981337.A.AD4.html

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eesc

02/04 21:51, 2年前 , 1^F

02/04 21:51, 1^F

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mackdaddy

02/04 22:00, 2年前 , 2^F

02/04 22:00, 2^F

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t781226

02/05 00:34, 2年前 , 3^F

02/05 00:34, 3^F