楼主: oliyiyi
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【latex版】水贴   [推广有奖]

861
oliyiyi 发表于 2015-9-10 11:35:54
The constraints are that one would need a sufficient amount of capital such that fixed transaction costs are negligible, since the strategy is a single-instrument rotation type, meaning that each month may have two-way turnover of 200% (sell one ETF, buy another). On the other hand, one would assume that the amount of capital deployed is small enough such that execution costs of trading do not materially impact the performance of the strategy. That is to say, moving multiple billions from one of these ETFs to the other is a non-starter. As all returns are computed close-to-close for the sake of simplicity, this creates the implicit assumption that the market impact and execution costs are very small compared to overall returns.

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oliyiyi 发表于 2015-9-10 12:26:09
桃李满天下

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oliyiyi 发表于 2015-9-11 07:47:03
Vice President Joe Biden and Manhattan District Attorney Cyrus Vance Jr. on Thursday announced they will devote a combined $79 million to combat the accumulation of untested sexual assault kits held by police agencies across the country.

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oliyiyi 发表于 2015-9-11 07:50:44
This week, Europe's migrant crisis appears to have reached what may be a turning point for the tens of thousands of displaced people currently making their way to and across the continent.

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oliyiyi 发表于 2015-9-11 07:51:21
A new visitor center has been dedicated on a Pennsylvania hill overlooking the site where United Airlines Flight 93 came down during the 9/11 attacks. The visitor center is at the Flight 93 National Memorial near Shanksville.

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oliyiyi 发表于 2015-9-11 07:54:19
Political leaders have been reacting to the decision by Northern Ireland First Minister Peter Robinson to step aside in a deepening crisis at Stormont.

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oliyiyi 发表于 2015-9-11 07:56:59
WASHINGTON — There is no evidence so far to indicate that sensitive personnel information exposed in the massive cyber breach at the Office of Personnel Management has been used against victims or government institutions

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oliyiyi 发表于 2015-9-11 07:58:10
For a long time, SPSS has been presumed to be the standard tool for statistical data analysis in companies and public institutions. Now, more users are considering changing their programming language to R – the promising solution in regard to data mining and predictive analytics.

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oliyiyi 发表于 2015-9-14 12:06:22
水一下吧,好累

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oliyiyi 发表于 2015-9-15 15:31:32
In order to develop deliberate policy and care that targets this group of elderly people, it is necessary to understand their lifeworld. The aim of this paper is to describe the phenomenon ‘life is completed and no longer worth living’ from a lifeworld perspective, as it is lived

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