But as hedge-fund managers have learnt of late, you "reach for yield" at your peril. The risk is an occasional hit big enough to wipe out years of profits.

但是，随着对冲基金经理知道你在“火中取栗”后，危险是一个偶然的足够大的打击将抹去很多年的收益。

youdao

But as Maureen points out, if a venture firm fails to reach out to its limited partners three, or four years after raising a fund, that usually spells doom.

FORBES: Venture Capital's Walking Dead