What is the point of an equity market? Ask strategist Russell Napier and he will compare it to a large hole in the ground at Nendrum on Mahee Island in County Down. For many years, a sign was posted next to it saying “Pit of Uncertain Use”. It exists, people pay a lot of attention to it, but its original purpose is lost. That about sums it up, he says.
股市的意义是什么？如果你问策略师罗素•内皮尔(Russell Napier)，他会把它比作唐郡马希岛恩德鲁姆地面上的一个大坑。多年来，这个大坑旁边立着一个上写“不确定用途的坑”的标识牌。它现在还在那里，人们非常关注它，但它的最初目的已经不复存在。他说，股市差不多也是这样。
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