Those are institutions that arrange for or manage the buying and selling of financial assets, such as the New York Stock Exchange.
经纪机构是指那些安排或,管理买卖的,金融资产的机构,比如说纽约股票交易所
It is the question of really who governs or maybe put another way ? who should govern who ought to govern.
问题的症结在于谁管理,或换句话说,谁应管理?由谁管理。
It means we really haven't done anything-- that's an exaggeration-- we've done very little to manage risks that individuals or that countries face, for that matter, or even individuals face.
这意味着我们面对冲击无动于衷-,这有点夸张-,我们只做了很少努力,来管理个人,或国家面临的风险。
The city, as Aristotle understands, will always exist in a world with other cities or other states, based on different principles that might be hostile to one's own.
城市,如亚里士多德所认为,将永远会,和其它城市或国家同时存在,根于不同的管理原则,可能还会对自己人怀有敌意。
And this is precisely the opposite of the tyrant who Plato describes as a person of limitless desires who lacks the most rudimentary kind of governance, namely self-control.
而这正是对比于专制,即柏拉图形容中,拥有无限欲望的人,他们缺少最基本的管理,或说自控。
Well, that leakage--that 1.5% or 2% that you pay your hedge fund manager- plus the 20% of profits really reduces the amount of return that's available for the owners of capital.
系统的损耗,大约1.5%或2%的管理费率,用来支付给对冲基金经理,加上20%的利润提成,显著减少了资本所有者,可以得到的回报
Restraint or self-control is necessary for freedom or self-government.
克制与自控,是自由的必备条件或自我管理。
Well,that's going to inflate the numbers too because the only managers that kind of raise their hand and say, hey I've got this interesting new approach to managing domestic equities--or whatever the asset class is -are the ones that have succeeded.
当然是会让指数起点偏高,因为经理人倾向于提供那些,举手说找到有趣的新方法,来管理国内股权投资,或其他投资的,成功的历史数据
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