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基于理论假设以及对A股过去20年、美股过去84年走势的动量分析,我们认为,某国家或地域范围内的投资群体作为一个整体,同样存在类似自然界的进化现象,称之为投资社会进化论。
Based on the theoretical assumptions and the momentum analysis of A shares over the past 20 years and the movement of U.S. stocks over the past 84 years, we think that as a whole, the investment community in a country or region as a whole also has evolution similar to nature. It is called the evolution of investment society .