NO.PZ202110280100000802
问题如下：
Determine whether Yang is likely to judge that Aspen follows a consistent investment philosophy, using only the information provided. Justify your response with two reasons.
选项：
解释：
Yang is likely to judge that Aspen doesn't follow a consistent investment philosophy.
If pursuing a passive investment strategy, it is based on market efficiecy. And a passive strategy should not seeks to identify and exploit structural inefficiencies through identifying mispricing created by loss aversion which are features of active strategy.
