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有什么分析不对的，或者有什么补充的，要积极讲出来啊

I post the S&P 500 Index volatilities and chart here as well for comparison.  It shows the LFC is much volatile than S&P, even though its raw beta is 1.05.  Higher volatility isnt necessarily a bad thing.  You could get a higher rewards, and of course the opposite side holds true, is that the risk is higher.

Where did you get these charts? I am also looking for them.

Thanks. :-)

From Bloomberg terminal, a very expensive service.

it's important to realize:

higher risk != higher return

do not take unnecessary risks.

I am reading "unexpected returns". enlightened me a lot. many questions i had i found answers in this book. is there a way to make constant return with minimum risks?

以下是引用1976在2006-9-14 15:28:00的发言：
I think another trickly thing is to decide when to sell the stocks. I had some experience that, my stocks went up, but I did not sell them, then they came down. So I ended up nothing, or even lose money.

Agreed.  There seems millions of things to think of, doesn't it?