A Crash Course in Behavioral Finance

中国依然是美国政府债券的最大持有人,10月份中国也减持到1.25万亿美元。
n. 终极,根本,精华
Having said this, don't make a pest of yourself. Nobody wants to hear you ask a question every 10 minutes. If you're completely lost, make an appointment to see your teacher after class.
The only things in the way are his staff, Republicans in Congress and the limits of his power. And those are important. Campaign promises of 45 per cent tariffs on Chinese goods have turned into investigations into Beijing’s intellectual property regime.
200910/87441.shtmlA software prodigy from London is living the Silicon Valley dream after Yahoo bought the news app he created for almost $30m.
莱昂纳多凭借他在《荒野猎人》中的演出斩获最佳男演员奖项,打败了埃迪雷德梅尼等劲敌。埃迪凭借在《丹麦女孩》中的演出获得金球奖提名。坊间盛传小李子有望在今年夺得他人生中第一座奥斯卡奖杯。
3. JetBlue. Brand love: 40% / Rank 218

You’re wrong on all counts.  

电视剧版《三生三世十里桃花》于1月30日首播,由人气女演员杨幂和迪丽热巴主演。该剧讲述了一个小仙女和一位神仙的三世情缘。
Jennifer Lawrence is one of the hottest young actresses in Hollywood right now, so it's no surprise that a lot of men find her to be irresistible.
The Lord of the Rings trilogy. The amount of time before I need an oil change. My cell phone's battery charge. What do all of these things have in common? The
天文学家在2016年宣布,LIGO阵列检测到了两个黑洞碰撞所释放出来的引力波,证实了爱因斯坦广义相对论的关键部分。研究人员因这项发现而获得了诺贝尔物理学奖。但是研究人员的发现仍未结束:10月,科学家们监测到了两颗中子星的碰撞,不仅听到了碰撞造成的时空涟漪,而且还用性能强大的望远镜在光学上确认了这一事件。中子星的碰撞被认为是宇宙中所有重金属的来源,包括黄金和白银,LIGO的探测有助于验证有关宇宙化学形成的解释。
这个belty运用现代科技追踪健康状况,水的摄入量,和动作,但你要花395美元,可能更值得买一个时尚的智能手表或运动手环。
n. 临时工

中国银行业监管机构的数据显示,去年中国商业银行的净利润总量增长了2.4%。中小银行的利润增长继续加速,而大型银行的利润增长则放慢了。
单词distract 联想记忆:
Price is not everything, it is true. But even the bears would agree: everything has a price.
5.Bryan Cranston was a Murder Suspect
2016年,中国电影票房经历了一次令人震惊的调整,从2015年的48%大幅下降到3.7%。
pre前,de,cess走,or人:在前面走的人-前辈

他也是个妥妥儿的喜欢刺激事的家伙。
"Premier Wen Jiabao's speech had a big focus on economic and social development. It's clear the government is working very hard to bring about the goal of building a prosperous society."
在许多情况下,这种做法已经渐渐从政界边缘进入主流。比如说,英国的执政党保守党立场是中间偏右,它曾经推进英国脱欧,公投之后,新的保守党首相特丽莎?梅(Theresa May)表现出对白人身份政治的同情。
在经历了长达几十年的许诺后,新的基因疗法终于开始有了一些真实的好成果。不过就像所有的新型疗法一样,基因疗法需要向公众准确地传递如何治疗以及治疗背后的原理,这和疗法本身一样具有挑战性。

Of course not.

Facing Reality

"It's a goal that's right here and now and it's something that we want to experience," Curry said. "It'd be a huge accomplishment because doing something that hasn't been done in the history of the league is special. You never know if this opportunity will come back again. There are so many variables that go into winning this many in a row, especially the start of the season."
但是,租金稳定政策的反对者怀疑,在共和党人把持州议会的情况下,2015年将不会是租户运动的分水岭。舍温·贝尔金(Sherwin Belkin)是一名代表业主利益的律师,他说:“业主们认为可以借此机会对租金管制政策做一些亟需的改变。”
Chinese Cultural Relics is a new journal that translates Chinese-language articles, originally published in the journal Wenwu, into English. The discovery of the 1,700-year-old cemetery was included in its inaugural issue.

在全球,中国将会进一步进行并购和交易。在非洲,1百万中国人在努力获取自然资源。
在这场新闻发布会上,国家卫生健康委员会负责疾病预防的官员王斌称,中国已经在预防和控制艾滋病方面取得了进展。
Wishing you all the happiness of the holiday season.祝节日幸福如意。
伞上的链子可以系在狗狗的项圈或背带上。
Tesla has an order backlog of $226 million. At the production run rate of 1000 cars a week expected at the end of 2014, that translates to a 30-week backlog.
9. 杰西卡?帕尔

《老友记》播出之时,正值来自小城镇的美国年轻人向大城市转移的时代,而初到大城市的年轻人既不够成熟,也缺乏独自生存的能力。在此之前,情景喜剧都以展现家庭百态为主,父母是剧中的主要人物。但是,当年轻人独自在大城市生活时,他们不得不依靠彼此,一起度过迷茫的青春。
德银资产管理公司(Deutsche AM)亚太区被动型资产管理部门主管马尔科?蒙塔纳里(Marco Montanari)也认为,在亚洲ETF市场迈向更高台阶之前,必须从根本上改革分销制度。
Vawter 使用仿生腿在芝加哥一栋高楼里向上爬了103个阶梯,但是仿生腿的设计者们仍然在尝试提高它的性能。为了使它能适用于日常生活,设计者们必须让它更轻更薄。它的衍生品(充气仿生腿)可以满足陆军对于仿生腿的阶段性目标——行走一万步不用充电。
As a brand, Acura sold 167,843 cars and trucks last year, a 1.5% increase. Lexus, Toyota’s premium brand, was up 13.7%; BMW was up 9.8%, Audi was up 15.2% and Mercedes-Benz was up 6.5% in a U.S. market that was very favorable for luxury vehicle manufacturers.
教育水平的提高,反映了我国教育体制的发展。教育部部长袁贵仁今年3月表示,根据对中国教育现状的自主探究显示,去年我国的总体教育发展水平要比世界平均水平更好。
Zhang's piece is “so lush and so rich and so full and so complete,” Google Doodle team leader Ryan Germick told the Washington Post. “Every leaf seemed to have life in it.”
You're talking with him / her late on the phone. When he / she hung up the phone, you still miss him / her, even if the phone just hung up on 2 minutes
Female and male participants typically have similar profiles at the start of their EMBA.

Changing Assumptions

Emma Morano’s singular achievement in life may have been perseverance. She lived for 117 years, crediting her longevity to raw eggs and her lack of a husband. She died on April 15.
Total Program Cost: $118,000
这个眼光长远的女孩也希望自己在网络上的知名度能够帮助自己跻身演绎界,为她谋取一个在美国广播公司制作的美剧《童话镇》中饰演艾丽莎一角的试镜机会。该剧将在下一季中加入艾丽莎这个角色。
200910/87441.shtml
The spread of HIV through drug injections has been effectively controlled. In 2017, the number of people infected through drug abuse was 44.5 percent lower than that in 2012.
年龄:46岁

史赛克:免费医疗床
The Suicide Squad is scheduled for an August 5th 2016 release.
他说,薪酬是个问题(2010年记者的年薪中值为3.6万美元)。他不知道自己能否靠做记者的薪水供养家庭并送孩子上大学。而且还有一点没错,记者的压力和工作时间可能会令人感到精疲力竭。但他说,我不确定自己换个工作是否会开心,也想不出任何一个工作会像做记者这样让我觉得兴奋或有成就感。
11月18日

此外,该报告还指出,雨果博斯、雪佛兰和舒洁则跌出了该榜单。
arrogant
Once the U.S. economic recovery started in 2009, other parts of the world started to struggle in their own ways.
这部电影人们期待已久。无论对蝙蝠侠粉还是超人粉来说,该片都将是一场视觉盛宴。 我们知道,蝙蝠侠将在片中打败超人,但他究竟是怎么做到的呢?
The 25 most common passwords have been released by Splashdata which makes password management applications.
'I was blown away by him,' Kushner recalls. 'The first time I interacted with him was at News Corp, when he was meeting with Murdoch, and I was looped in to provide perspective. Nick described the vision of what he was trying to accomplish. And he was providing insight to Rupert.' D'Aloisio's stage presence, coupled with the deep-pocketed credibility brought by Li, attracted a large group of benefactors to Summly, including Ashton Kutcher, Yoko Ono and Stephen Fry.
5. 范冰冰 1700万美元
Surveys indicate that a majority of women suffer or have suffered gender prejudice when looking for a job, because employers do not want to grant maternity leave. To avoid possible gender discrimination from employers as a result of their entitlement to maternity leave and increase their employment competitiveness, some female job seekers have reportedly chosen to get married and have their children before graduating from universities.
James Bond is one of the few constants that movie lovers have in this crazy world of ours. We seem to know that, no matter what, a new Bond movie is always on the way.
为提高中国足球在国际赛场上的竞争力,中国政府日前公布了最新的足球发展计划,将在2017年开设20000所足球专业学校,用于训练年轻球员、培养人才。

The line of prescriptive frames and sunglasses, named “DVF | Made for Glass,” costs upwards of $1,600. Google has already partnered with Luxottica, the eyewear conglomerate behind Ray-Ban and several high-fashion eyewear offerings such as Prada. It also hired fashion executive Ivy Ross, most recently the chief marketing officer of Art.com, to lead its Glass team.
1.The Military Parade
酒店和餐饮业高管薪酬均值增速最快,均为47.58%。
Enrollment: NA
两周后,伯恩海默等几十位著名的早期绘画大师作品交易商出席伦敦的夜间拍卖会。过去,他们通常会在这些拍卖会上购买一些作品,以备在第二年3月的荷兰马斯特里赫特欧洲美术博览会(Maastricht European Fine Art Fair)上展示。但是由于卖家们鼓励苏富比和佳士得报出更高的估价来争夺自己的拍品,所以拍卖行只针对少数富豪进行宣传,现场竞价十分冷清。
You're right to be paranoid. The company is always watching you, and there's a record of everything you do: every phone call, every text, every tweet and instant message. At most companies, they save that data forever.
Meanwhile, celebrated American rapper Eminem proved to be the comeback king as he picked up the Best Hip Hop gong. The Lose Yourself hitmaker was up against the newer faces of hip hop, including Drake, Future, Kendrick Lamar and Post Malone.
The online notice about the retraction lists all 107 articles and 524 authors, nearly all of whom are clinical cancer specialists from China. The hospitals named are all top public institutions.
爱德华卢斯(Edward Luce)
Countrywide, month-on-month prices rose in 62 out of 70 major cities last month, were unchanged in one and fell in seven.

The 24K pizza is available at Industry Kitchen, an eatery in New York City's South Street Seaport, for a whopping $2,000 and, as the name would suggest, is noted for being covered in flakes of 24-karat gold.

New Frameworks

5月14日,英国佳士得拍卖行拍出世界上最大的无暇艳彩蓝钻。

最不守时奖
Wang, the chairman of Dalian Wanda Group, took the top spot with a personal fortune of $32.1 billion, the report said, despite Ma seeing his wealth surge 41 percent from 2015.
Sixty Vocab:
“然而,考虑到政策紧缩的延迟影响,以及房地产市场降温将在未来数个季度压制中国对大宗商品的需求,我们怀疑出口的增长势头是否还能维持下去。”
FOYLE’S WAR (acorn.tv, Feb. 2) After nabbing the final three episodes of “Agatha Christie’s Poirot” last year, the streaming service Acorn TV scores another coup in the field of traditional British mysteries with the American premiere of this superior show’s ninth season. Starring Michael Kitchen as Christopher Foyle, a detective as honorable as he is shrewd, the series has morphed over the years from a provincial home-front cop show to a le Carré-like Cold War thriller. New episodes involve the Nuremberg trials and Britain’s role in Palestine.
Passion, perseverance and a positive attitude tend to set successful entrepreneurs apart. Cultivating these attributes requires an innate skill set and some tips to get started.

We will discuss a number of behavioral biases in subsequent posts—for an extensive list (much broader than required by the CFA curriculum) and a stunning infographic, please see 李克强:过去一年完成全年经济社会发展主要目标任务.

“太可怕了,”他说,“我见到有人带枪,就把枪拿走,报告警察。”
目前,达洛伊西奥80%的工作围绕着Summly的重构和改良展开,而另外20%的工作精力则用来思考今后的挑战方向。他预测,未来将会有一款如同Summly精炼文字一样可以精炼视频的软件。他设想了许多运用科技来帮助人们学习知识的方法,并希望在旧有教育模式瓦解的同时帮助人们更好地实现自主学习。
SIZE: 6,364 square feet
One tomb, dubbed "M3," contained carvings of several mythicalcreatures, including four that represent different seasons and parts of the heavens: the White Tiger of the West, the Vermilion Bird of the South, the Black Turtle of the North and the Azure Dragon of the East.
adj. 接收能力强的,愿意接受的,感官的
如果你拼命工作还是入不敷出,你可能没的得到与你自身价值相符的酬劳。去找一份能够给你应有报酬的工作吧。

A Blossoming Paradigm

Behavioral finance is currently at a very interesting point. It has slowly made its way into mainstream economics, with Kahneman’s 2002 Nobel Prize likely being one of the turning points. In 2001, Nassim Taleb published Fooled by Randomness, followed by his 2007 bestseller Black Swan. Both books touched on a variety of topics largely related to how people react to random events, construct (false) narratives, always look for causality etc.

Meanwhile, the 2008 financial crash shone a spotlight on irrationality, asset bubbles, and many biases that ultimately lead to disaster. A number of books on the topic gained considerable attention in recent years, including 2013 Nobel Prize in Economics winner Robert J. Schiller’s Irrational Exuberance, Richard Thaler’s Misbehaving and the critically acclaimed Thinking, Fast and Slow by Kahneman himself. You may have also heard of the Behavioral Insights Team, aka “the nudge unit” launched in recent years by the British government to apply behavioral insights to shaping public policy.

Current Critique

4.A Sex Video
认真思考一下:未来的经历能提高你的知识和技能吗?它是否会让你接触到新的观点,认识不同的人?(这些都是支持你对机会说“Yes”的好理由!)你需要为了管理团队或与经验更加丰富的同事共事而培养新技巧吗?如果答案是肯定的,那就接受这种挑战,走出你的舒适区。
Businesses are already responding: Job openings in November hit the second highest level in 14 years. In another telltale sign, people are quitting jobs at the fastest rate in five years. Research shows that people who quit one job for another typically do so because they are offered higher pay.
And while there is still a long way to go before airplanes designed and made in China compete on the world stage with the likes of the Boeing 737 or Airbus A320, the momentum is there, and the country’s aerospace industry is entering a new phase of development and maturity.

To SKN Company in Russia for exploding old Russian ammunition and creating diamonds. Now that's recycling!
consistently
价格:197.5万美元(约合人民币1226万元)
根据人社部、财政部近日联合下发的通知,企业和机关事业单位退休人员的月均养老金将在2016年的基础上上调约5.5%。
迷你剧集/电影类最佳男配角:斯特林?K?布朗(Sterling K Brown),《美国罪案故事:公诉辛普森》(The People v. O. J. Simpson: American Crime Story)
['tmpj?n]
The private Facebook group chat that led to offers of admission being rescinded was named, at one point, "Harvard memes for horny bourgeois teens", the Crimson reported.
对于那些已把自家公寓改造成B&B旅店的纽约人,围绕非法住宿的论战可能会趋于白热化。而在这一切之上,市长比尔·白思豪(Bill de Blasio)的十年保障性住房计划将初具规模;与此同时,本次奥尔巴尼会议(Albany)的立法将给租房者的钱包造成重负。随着我们迈向新的一年,这类改变游戏规则的因素也正在日益迫近。

 

About the Author

中国国产3D奇幻/冒险片《捉妖记》2015年7月在国内上映后打破一系列票房纪录,成为2015年中国内地最卖座的电影
Platforms will be created for crowd innovation, crowd support, crowdsourcing, and crowdfunding
讽刺的是,就在该榜单公布的同一天,特朗普会见了已经连续第四年蝉联富豪榜榜首的比尔·盖茨。
查斯特·班宁顿
先锋(Vanguard)的亚洲投资组合审查主管Yan Pu怀疑,亚洲的产品结构可能阻碍了ETF的发展。例如,亚洲ETF公司提供大量的股票ETF产品,但很少有固定收益产品。她指出,在美国,固定收益ETF增长迅速。
在接受《每日电讯报》采访时,玛蒂说:“我再也无法过上平凡人的生活了。因为大家很容易认出我来,甚至当我出去玩或是和朋友吃冰淇淋都能被路人认出来。”
worthwhile
We will perform with a strong work ethic, sense of responsibility, and enterprising spirit.

You can connect with Wojtek via LinkedIn at 北京去年常住人口2154.2万 较17年减约16万.

Wojtek Buczynski