The inefficient market theory is based on Soros' philosophical research. He believes that human cognition is not perfect and that all perceptions are flawed or distorted.
Financial markets belong to the social sciences, which are not only natural sciences, but also incorporate the subjective perceptions of the participants, and this subjective perception interacts with the objective facts, i.e. There is a countervailing link between imperfect perceptions and actual developments.
A common weakness of small and medium-sized retail investors is that they are able to hold to the bottom in bear markets but not to the top in bull markets. For example, in the previous bear market, a large proportion of stockholders got to a low of 998 points from a high of 2245 points.
A bond is a financial contract, a debt instrument issued to investors by governments, financial institutions, industrial and commercial enterprises, etc. to raise funds by borrowing directly from society, while promising to pay interest at a certain rate and repay the principal on agreed terms.
The differences between stock options and restricted stock lie in four areas: symmetry of rights and obligations, symmetry of rewards and penalties, waiting period versus confinement period and exercise price versus grant price.
