This is once you've decided that you're going to be an active manager and try and pursue market beating strategies, how do you decide where it is that you want to spend your time and energy?
一旦你决定了要当主动管理型基金经理人,努力追求高于市场收益的策略,你会如何决定,在哪些方面投入时间和精力
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。
That's when a new manager appears subsequent to the beginning of the ten-year period; they'll put not only the new numbers in, but they'll take the history of the new manager and put that history into the database.
即在10年期开始后,每出现一位新的基金经理,不仅是新的业绩数字会进入数据库,新经理的历史记录,也会填入数据库
So Patrick, our manager of Pepsi believes that Coca-Cola is going to produce this quantity and he's agreed to produce this quantity.
百事的经理帕特里克认为可口可乐,会按照协议产量来生产,他也会这么做
When I talk about I give up the CEO job and functioned as the project manager, Blitzen we actually named that project as "Project Blitzen".
我曾说过要放弃CEO的职位,而成为一个项目经理,那个项目名叫。
and you would like to speak with the manager of the attendant.
你想跟他的经理谈一谈。
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
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
All right, so Patrick when he's in the when he's playing the manager of Pepsi he's going to produce more of this undrinkable liquid and produce this quantity here.
好的,帕特里克是,百事可乐公司的经理,他会生产更多这种难喝的饮料,产量是这么多
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
Because of the way that we deal with taxes and mutual funds, you can get a tax bill for gains that were realized by the investment manager turning over the portfolio even though you might not have held the shares during the period when the gains were realized.
因为共同基金的收益还涉及到缴税的问题,所以你会有张税单,上面写着基金的收益部分该缴多少税,即使在实现收益的期间,你并不持有基金股份,但还是要缴税
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