|
- UID
- 223321
- 帖子
- 221
- 主题
- 123
- 注册时间
- 2011-7-11
- 最后登录
- 2013-8-22
|
Segmentation premium is the extra return an investor receives in exchange for an inadequate price discovery mechanism. Examples include art and most venture capital investments.
A lack of liquidity in a market will certainly result in wider bid offer spreads but does not necessarily mean price discovery is indadequate. |
|
发表于 2011-7-13 14:56
|