請(qǐng)問a soft lock是什么意思？
R27第31題，Aspen的描述中是不是還有另外一個(gè)問題，“We pursue a passive investment strategy, which seeks to identify and exploit structural inefficiencies through identifying mispricings created by loss aversion”這里mispricings created by loss aversion 應(yīng)該是behavioral inefficiencies 吧？書上說：“Behavioral inefficiencies are perceived mispricings created by the actions of other market participants, usually associated with biases, such as trend following or loss aversion. These inefficiencies are temporary, lasting long enough for the manager to identify and exploit them before the market price and perceived intrinsic value converge. Structural inefficiencies are perceived mispricings created by external or internal rules and regulations. These inefficiencies can be long lived and assume a continuation of the rules and regulations rather than a convergence.”
Trading 課后題 reading 27，第40題，standard fee 和base fee有什么區(qū)別? 以1.25% 的 gross return 計(jì)算fee 0.2+0.25(1.25-0.2)=0.46, 并不等于 standard fee.
184頁(yè)39題請(qǐng)講一下，視頻沒看懂
micro 或macro attribution analysis都是用bf模型嗎
vwap可以理解成以昨天的交易為基礎(chǔ)的POV嗎？
24題為什么選TWAP？
論透明度，SMA大于private equity和private real estate，大于公募/public的產(chǎn)品，是嗎？
老師好，課后題，Theme 3: The principles behind our process to find a broker should be consistent across each asset class managed.為什么是對(duì)的呢？？
老師 請(qǐng)問這個(gè)11題downside deviation 怎么計(jì)算的呢？
僅看return選經(jīng)理不也會(huì)因?yàn)槟硞€(gè)可能是好經(jīng)理但是return不夠高而錯(cuò)過他嗎？感覺type1 type2 error都有呀
老師，您好，請(qǐng)?jiān)敿?xì)講解一下該科目L2課后題Q22，特別是為什么Alcanfor Limited的投資方法不適合Susan（to generate predictably income to cover her ongoing living expense）的需求，而Laurbaer卻適合呢？謝謝。
第四題為什么收益率不用復(fù)利
老師，第一題purpose1為什么不能是降低一類錯(cuò)誤。雖然面試通過，但也可能是不好的基金經(jīng)理，所以要觀察一段時(shí)間，避免出現(xiàn)留用不好的基金經(jīng)理的情況發(fā)生。
老師 return based style analysis 和 attribution是一個(gè)東西嗎 為什么說他容易被manipulated 但是又不subject to window dressing 呢
程寶問答
金程問答