There is a potentially simple explanation for the underperformance since March 2009.
这些大型股自2009年3月以来的弱势表现有一个隐含的简单解释。
The result is a culture of underperformance, low morale, and even disciplinary issues.
其结果是一个表现不佳、士气低落、甚至出现纪律问题的文化氛围。
The underperformance of growth stocks is linked to an overenthusiasm for extrapolation.
成长股市值过低和投资者过分推断紧密相关。
So Mr Obama's underperformance is relative and partial; but it is serious, especially in domestic policy.
所以奥巴马的不佳表现是相对和部分的,但却是严肃的,特别在对内政策上。
This showed, ultimately, from a player who has a chance to be top ten all time, a major underperformance.
最终也显示了一个总是十佳球员的重大弱点。
But its economy also continued along the path of underperformance that it has trodden for the past few decades.
但由于过去几十年的破坏,其经济方面的表现仍然差强人意。
The rise of Oslo and other European cities partly reflects the long-term underperformance of the U. S. currency.
奥斯陆以及其他一些欧洲城市在本次调查中排名大幅前移,在一定程度上可以归因于美元长期表现疲软。
For the year, my large cash position didn't cause nearly as much underperformance (unless, groan, you compare it with the Nasdaq).
这一年里,我大量持币对业绩的不理想并没有太大的影响(除非你和纳斯达克相比,气结)。
Another new factor for investors to consider is the relative underperformance of emerging markets stocks, the golden assets of 2009 and 2010.
供投资人考量的另一个新因素在于2009及2010年表现亮眼的新兴市场资产走势相对落后。
Part of the explanation is that, after more than a decade of underperformance relative to the European Union, Italians are used to economic distress.
一定程度上可以这样解释:十多年来表现落后欧盟,意大利已经习惯了经济窘境。
An insider jokes that Morgan's underperformance relative to Goldman is a public-relations ploy to ensure that the firm remains more popular than its rival.
一个业内人士开玩笑称,摩根相对于高盛来说业绩不佳,这是一个公共关系策略以继续保证公司比其竞争对手更加受欢迎。
There is a positive side to all these omissions: Italy's recent underperformance leaves room for a vast improvement with a relatively small amount of effort.
所有这些失职也有一点积极面:意大利最近的不佳表现为哪怕很小的一点努力都留下了充分的改进空间。
At that point, emerging stock markets will reverse the underperformance of November 2010 to now and begin to outperform their developed-country counterparts.
到其时,新兴股市就会颠覆2010年11月起至今的颓势,开始跑赢它们的发达国家的竞争对手。
The prevalent mentality is consensus, groupthink. Acting with the crowd ensures an acceptable mediocrity; acting independently runs the risk of unacceptable underperformance.
现在盛行的心态就是要一致从众。人们可以接受随大流带来的平庸,无法接受特立独行时面临跑输大盘的风险。
A failure to take risk or avoiding risk even though it would be within the organization's assumed risk appetite will lead to underperformance and a failure to optimize stakeholder value.
不能承担风险或者规避风险,尽管风险是在该组织的风险偏好范围内,将导致业绩差和不能使股东价值最大化。
They also wanted the comfort of a ceiling for the project's budget, and some liability on our part for underperformance. Consequently, the project plan evolved into this two-phased structure.
他们也想项目的预算可以分阶段支付,并且要求我们在执行项目时履行一些义务。
True, three other G8 countries are doing worse still (see chart). But the notion that Italy, which has a 20-year history of underperformance, will miss the full impact of the recession is fanciful.
的确,八国集团中有三个国家的衰退幅度更大(见上表),但若说20年来表现欠佳的意大利可以免受此次经济危机的影响,纯粹是异想天开。
True, three other G8 countries are doing worse still (see chart). But the notion that Italy, which has a 20-year history of underperformance, will miss the full impact of the recession is fanciful.
的确,八国集团中有三个国家的衰退幅度更大(见上表),但若说20年来表现欠佳的意大利可以免受此次经济危机的影响,纯粹是异想天开。
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