Lecture 9Assessing Investment Systems.pptVIP

Lecture 9Assessing Investment Systems Goals Ss are supposed to know about : (1) the way in which investment systems work; (2) problems with some of the investment systems Difficulties How to spot potential pitfalls in assessing investment systems. I Discussion Have you ever experienced making money in the stock market? There are so many investment systems. How do you select the most profitable shares? Have you ever heard Datastream or Bloomberg? Read Paragraph 1 on page 203 and find the usual methods for assessing investment systems. But before you turn to these methods, you’d better consider avoiding a series of pitfalls! II Key Words and Expressions 1. gross (1) adj. （尤指金额）总的，毛的 Gross means the total amount of something, especially money, before any has been taken away. a fixed rate account guaranteeing 10.4% gross interest or 7.8% net until October. 10月份之前保证10.4%的毛利或7.8%的纯利收益的固定利率账户 National Savings gross sales in June totalled ￡709 million. 6月份国民储蓄机构的总销售额为7.09亿英镑。 Gross is also an adverb. Interest is paid gross, rather than having tax deducted. 利息是按照总收入给付，未扣除税金。 a father earning ￡20,000 gross a year. 一年总收入为两万英镑的父亲 adj. 总重量的；毛重的 Gross means the total weight of something, including its container or wrapping . vt. （扣除税金前）总共赚得，总收入为 If a person or a business grosses a particular amount of money, they earn that amount of money before tax has been taken away.? Im a factory worker who grossed ￡12,900 last year... 我是个工厂工人，去年的总收入为12,900英镑。 2. spread Vi. 分摊;均摊 If you spread something such as wealth or work, you distribute it evenly or equally. The loss of jobs has been far more evenly spread across the regions than it was during the early 1980s. 失业数字在各地区之间的分布要比 20 世纪 80 年代初均衡多了。 Spread is also a noun. There are easier ways to encourage the even spread of wealth. 有一些更简单的方法可以促进财富的平均分配。 n. (股票的)价差 Spread is used to refer to the difference between the price that a seller wants someone to pay for a particular stock or share and the price that the buyer