Ill-informed investors who are very risk averse tend to place their assets in passbook savings accounts, certificates of deposit or Treasury Bills in a futile attempt to avoid all risk.

• 想法错误、极度厌恶风险的投资者倾向于把自己的资产放到银行存折储蓄账户、存单或者国库券上，徒劳无功地试图避免所有风险。