Roger Ibbotson, who is a colleague of Bob Shiller's and mine at the School of Management, has done a fair amount of work, studying the relative importance of these sources of returns.
罗格·伊博森是,我和希勒在管理学院的同事,他在对回报率来源的研究上,做了大量的工作。
That might seem fair enough, given the scandals in which hedge-fund managers overstated returns.
这看似相当公平,考虑到对冲基金经理们陷于虚报收益的丑闻。
While some of their hedge funds posted strong returns for 2009, after a disastrous 2008, others didn’t fair so well and 2010 has been tough.
其中有些对冲基金在经历了2008年的惨败后2009年业绩优异,剩下的就业绩平平,2010年对它们来说很艰难。
Wealth and fame are not equal, time is very fair to people, someone has gold and silver mines, do not necessarily have many happy returns, some coarse tea commoner, often happy hundred years!
财富名利不会均等,时光对人却很公平,有人有金山银山,不一定有寿比南山,有人是粗茶布衣,也往往幸福百年!
Wealth and fame are not equal, time is very fair to people, someone has gold and silver mines, do not necessarily have many happy returns, some coarse tea commoner, often happy hundred years!
财富名利不会均等,时光对人却很公平,有人有金山银山,不一定有寿比南山,有人是粗茶布衣,也往往幸福百年!
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