最大的前景在于企业和投资银行方面,而非贷款价格由储蓄银行设定的零售贷款。
The greatest promise lies in corporate and investment banking rather than in retail lending, where prices are set by Sberbank.
而这些唯利是图的对冲基金留意的是他们自身投资者的利益,而非其交易股票 的投资者的利益。
These for-profit hedge funds look out for their own investors' interests and not that of investors in the stocks they trade.
What I think the mutual fund industry has turned into, largely, is a stock picking industry, not a portfolio diversification industry.
我认为,共同基金行业在很大程度上,已经演变成选股行业,而非投资组合多样化行业
They like to--when they're computing the investment yield, they want to be completely honest and not use any rules of thumb.
当他们计算投资收益率的时候,他们需要完全精确,而非用经验公式
Firms that do that are, in practice, however, the minority and most mutual funds have some gimmick or some special-- they claim to be beating the market not forming the optimal portfolio.
然而实际上,这么做的公司很少,大部分共同基金都会耍些花招,或有一些特别的...,他们强调他们的收益率将强于市场平均水平,而非建立最佳投资组合
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