They included a pizza chef, an electrical engineer, a bank executive, a dairy wholesaler, a school teacher and four stockbrokers; stockbrokers get the word faster.
这些人中,包括一位披萨厨师,一位电子工程师,一位银行经理,一位牛奶批发商,一位老师,和四位股票经纪人,股票经纪人散播消息的速度更快
Apple has been talking about... my manager and I were discussing online data storage.
苹果公司一直在讨论……我们经理和我也讨论过网络数据仓库。
Or should I spend my time and energy trying to find the top quartile bond, top quartile real estate manager,or buyout manager, or venture capital manager?
还是说,我应该投入时间和精力,去找一流的债券经理人,一流的不动产或杠杆收购经理人,或者一流的风险投资经理人
Depends on--I don't want to be too rigorous about that because you could imagine the other way around, but if you talk to managers this sounds more realistic, at least for retail goods like Coke and Pepsi.
这方面我不想太绝对,因为你们可能会想象其他的情形,但如果你们和那些经理谈过,现在的模型会更贴近现实,至少对于可乐这样的零售产品而言
As a matter of fact, it costs an increasing amount to play the game when you look at the fees that are paid to investment managers and hedge funds.
事实上,当把付给投资经理,和对冲基金的费用都算进去的话,这个博弈的成本越来越高
Where even if you can find somebody who's going to be a first quartile manager, there's almost no difference between the first quartile return and the third quartile return.
即使你能找到一位,一流的经理人,但在债券市场收益中,第一和第三个四分位数之间几乎没有区别
If you look at the behavior of groups of active managers and the dispersion of returns, I think it gives you some idea of what the efficiency is with which assets in these individual assets classes are priced.
如果观察一下主动管理型的基金经理们,和他们的投资收益分布,我想它会告诉你一些信息,哪些资产是有效定价
So Steve and Patrick are respectively the managers of Coca-Cola and Poland Spring and Patrick believes that the Coca-Cola manager is going to may be we should just make this Coke and Pepsi since two identical they're near enough and identical, right?
史蒂夫和帕特里克分别是,可口可乐和波兰泉的经理,帕特里克认为可口可乐的经理打算,或许该用可口可乐和百事可乐,他们俩才是对手是吧
应用推荐