问题如下:
James Beach is young and has substantial wealth. A significant proportion of his stock portfolio consists of emerging market stocks that offer relatively high expected returns at the cost of relatively high risk. Beach believes that investment in emerging market stocks is appropriate for him given his ability and willingness to take risk. Which of the following labels most appropriately describes Beach?
选项:
A.Hedger.
B.Investor.
C.Information-motivated trader.
解释:
B is correct.
Beach is an investor. He is simply investing in risky assets consistent with his level of risk aversion. Beach is not hedging any existing risk or using information to identify and trade mispriced securities. Therefore, he is not a hedger or an information motivated trader.
李老师好像讲的是investor是通过价值分析从而赚取超额回报,而trader是通过预测未来价格来赚钱回报,这两个解释和该题目有什么联系吗?