Pirelli将意大利电信的股本损失了30多亿欧元（41亿美元），他的这次股权转让被证明是一次极大的投资性失误。
Pirelli lost more than 3 billion euro ($4.1 billion) on its stake in Telecom Italia, and the operator has proven a similarly disastrous investment for the present shareholders.
个人投资者也可以采取类似的做法，不仅要问经理在决策正确时能赚多少，还要问他们在决策失误时可能会损失多少。
Individuals can do something similar by asking not only how much they will make if they are right but also how much they could lose if they turn out to be wrong.
资金意味着你要对投资人负责，而这部电影的重点在于我是不受约束的。可以做出自己的判断甚至是失误。
Funding means you're answerable to your funders and the whole point of this film was that I would be free - free to make my own decisions and my own mistakes.
本文探索采用动态的观点来解决不确定性的投资决策问题，最大限度地避免决策失误。
The paper tries to solve the uncertain problems in the project investment with dynamic viewpoint, and avoid decision faults to the outmost extent.
全面系统的可行性分析，是项目投资决策的可靠依据，能避免和减少因决策失误可能导致的重大损失。
A comprehensive and systematic feasibility study is the reliable basis for project investment decision-making, and is useful to avoid and reduce the heavy loss caused by fault decision.
但对冲交易会增加基金的成本，侵蚀业绩，而且其中的风险在于：对冲失误意味着投资者可能错过巨大的收益。
Hedging can add to the costs of a fund, hurting results, and it can be risky since missed calls mean investors can miss big gains.
他们还在房地产和股票投资上失误。
他们还在房地产和股票投资上失误。
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