Even with the sound on, you never hear television pundits talking about asset-turn. That is a shame because the ratio is key to understanding these annoyingly indecisive bond and equity markets. To be fair, it is not a widely known term. Worse, it could mean anything and is written inversely to how it is calculated (revenues divided by assets). Asset-turn is also hard to conceptualise.
就算不把電視靜音，你也從來不會聽到電視上的專家討論資產週轉率。這是一件憾事，因爲這個比率是理解令人惱火的搖擺不定的債市和股市的關鍵。平心而論，這並不是一個廣爲人知的術語。更糟的是，它可能有很多含義，而計算方法（收入除以資產）又似乎反直覺。資產週轉率也很難概念化。
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