英语翻译However,always remember that even in markets where information is deemed to be less than perfect,if the anomalies cannot be exploited to exceed the transaction costs involved with investing in them,then active management for you or me is

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英语翻译However,always remember that even in markets where information is deemed to be less than perfect,if the anomalies cannot be exploited to exceed the transaction costs involved with investing in them,then active management for you or me is
英语翻译
However,always remember that even in markets where information is deemed to be less than perfect,if the anomalies cannot be exploited to exceed the transaction costs involved with investing in them,then active management for you or me is worthless.

英语翻译However,always remember that even in markets where information is deemed to be less than perfect,if the anomalies cannot be exploited to exceed the transaction costs involved with investing in them,then active management for you or me is
但是,需要始终铭记的是,即使是在其信息并非完美的市场里,如果不能利用这些异常,从而(使利润)大于投资其中的交易成本,那么为你或为我的所谓积极管理就是徒劳无益的.

然而,永远记住,即使在市场,信息被认为不是那么完美,如果反常现象不能被用来增加参与投资它们的交易成本,那么对你我来说,积极经营是一文不值的。

但是,需要始终牢记的是,即使在信息尚不十分完善的市场环境下,如果与投资项目扩展相关的交易成本不利因素无法得到有力缩减的话,那么对于你我再主动的管理也是无济于事。

但是,请谨记:哪怕在市场信息的获取接近完美的时候,如果预期中这样的反常现象(的收益)不能够超出包括对其投资在内的交易成本,那这种积极治理(的举措)还是毫无价值的。

然而,一定要牢记,即使在被认为信息远非完善的市场,如果这些非正常情况不能被揭开,以便超越投入的交易成本,那么对于你我来说,也无济于事。

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