low diversification=>high correlation=>larger beta=>low Treynor Ration

2# ChaseDreams

谢谢你！我觉得也是啊！！

可是为什么book 1 第58页 是那样写呢？

继续求解！！谢谢！！

帮你贴上ＮＯＴＥＳBOOK1P58KEY concept的原话：
The three risk measures above give different perspectives and may give different rankings for portfolios. A portfolio with low diversification may have a higher Treynor measure, a higher alpha, but a lower Sharpe measure than another portfolio.

用了may 而不是most probably,那么此处指的大概不是一般情况。

ＢＴＷ，ＫＥＹ　ＣＯＮＣＥＰＴ也看，果然仔细

5# cpa2002ly

谢谢你！我觉得你说得对！！我理解不仔细~~