"It has so much capability, so much more capability than any other vehicle, that I think we can start to contemplate missions like a Mars sample return, which requires a tremendous amount of lift capability because you've got to send a lander to Mars that still has enough propellant to return to Earth."
VOA: special.2011.04.11
A managed portfolio, you find somebody you think is really smart and you pay them a fair amount of money and in return they assert that they will pick winners for you, and in fact, you will outperform the stock market.
而代管投资组合就是说,你找一个你觉得很聪明的人,给他们一些钱,然后他们会说一定会帮你选出,赚钱的股票,实际上你会比股市整体表现要好。
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
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