作为联席执行官,他管理的是PIMCO完全回报(Total Return)部分,这是世界上最大的共同基金,拥有资产2340亿美元。
As co-chief investment officer, he manages PIMCO Total Return, the world’s largest mutual fund with $234 billion of assets.
多年来,理论经济学家把人类描述为理性的存在,不懈地追求完全利己的回报的最大化。
For many years, theoretical economists characterized humans as rational beings relentlessly bent on maximizing purely selfish reward.
菲佛先生先开篇说道,“世界是公平的”这种观念完全是胡说八道——赢得权力的最佳方法就是要善于工作,能力和回报之间没什么必然的关系。
Mr Pfeffer starts by rubbishing the notion that the world is just-that the best way to win power is to be good at your job. The relationship between rewards and competence is loose at best.
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