That is, investing well requires careful study and the intellectual tradition we have at universities helps promote that.
投资需要谨慎的研究分析,而大学里的学术传统,有助于这方面的研究
The Morningstar study is incredibly damning in terms of the market timing abilities of individual investors.
晨星公司这一研究结果,谴责了个体投资者的市场时机选择能力
A lot of money-- millions,millions of dollars went into that.
大量的金钱-数百万美元投资在研究上。
One of the studies that I did for my first book, Pioneering Portfolio Management, looked at the behavior of endowments and foundations around the crash in October 1987.
我为第一本书《机构投资的创新之路》,所做的其中一个研究,是关于1987年10月那次股灾前后,各种捐赠和基金的表现
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