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The value of information is not in knowing more, but in knowing what others don't know.
Writing is a way to confront the darkness, to face the fears, to explore the unknown.
资本资产定价模型并非旨在成为资本市场的实证均衡理论,而是一种规范性理论,描述如果投资者以某种方式行事,价格应如何表现。