论文部分内容阅读
俗话说得好,风水轮流转。今年以创业板为代表的成长股的暴涨、以金融地产板块为代表的价值股的陷落或许很好地诠释了这句话。而就在2012年,A股市场还是一番蓝筹股表现抢眼、中小盘成长股遭弃的情景。截至10月25日,易方达创业板ETF暴涨近80%,而在上年满盘皆红之时,其收益却是负的。与此形成鲜明对比的是,国泰上证金融180ETF2012年的收益率超过20%,而今年收益率却为负。投资成长股还是价值股,这似乎是一个老生常谈的话题。被投资界誉为价值派代表的巴菲特在某次接
As the saying goes, feng shui turns. This year, GEM growth stocks as the representative of the soaring, the financial sector as the representative of the decline in value stocks may well explain this sentence. And just in 2012, the A-share market is still some blue-chip performance of the eye-catching small-cap growth stocks abandoned scenario. As of October 25, E-Fund GEM ETF soared nearly 80%, while in the previous year is full of red, its revenue is negative. In stark contrast, Cathay Pacific Securities 180ETF2012 years of the rate of return of more than 20%, while the yield is negative this year. Investing in growth stocks or value stocks, this seems to be a commonplace topic. Buffett was honored as a representative of the value of investment in a pick