事后看来往往令人费解的是,采矿业和再保险业等周期性行业的企业会重复同样的错误。
It is always puzzling with hindsight when companies in cyclical industries such as mining and reinsurance repeat the same mistake.
奢侈品行业从来都是一个周期性行业,但是在过去的十年里它的飙升和大跌的表现就像一个全副武装的蹦极选手一样。
Luxury has always been a cyclical industry, but in the past decade it has soared and plunged like a well-dressed bungee-jumper.
奢侈品行业从来都是一个周期性行业,但是在过去的十年里它的飙升和大跌的表现就像一个全副武装的蹦极选手一样。
Luxury has always been a cyclical industry, but in the past decade it has soared and plunged like a well-dressed bungee-jumper.
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