And what happened is, over a 30-year or so period, the industry really shifted to be one where industry standards started to come into play, the customers started to have a bigger role.
经过了30年左右,这个行业发生了变化,出现了产业标准,消费者的角色也越来越重要。
If you look at the Frank Russell data and I just cited ten-year returns ending June 30,2005, so that period started in 1996 -well,in 1996 there were 307 managers that reported returns.
看看罗素公司的数据,我引用了从1996年开始,截至2005年6月30日的十年收益,在1996年有307位经理人公布收益
You pay every year a fixed amount on your house to the mortgage originator and then after so many-- n is 30 years, typically--you would then have paid it off.
你每年都在你的房子上支付一定数目的偿款,给抵押商然后,数年后,设n是30年,一般来说你已经能偿清贷款了
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