抄了十年。那十年的平均年收益率也不过120%。
Take a decade. that decade the average annual rate of return but also 120%.
赢家减输家组合的平均年收益率为11.72%,在10%的水平下显著为正。
The average annual rate of benefit of combination of "Winners-Losers" is 11.72%, being distinctly positive under 10%.
记录表明,他的平均年收益比平均值20%要好,从1988年开始,他为客户理财。
With a track record of better than 20 percent average annual performance, he is an equal to Turtles who managed money for clients since 1988.
Then if you fast forward to 2005 and look at the average return that was posted for 2000,it was +1.2%.
如果把时间快进至2005,5年后公报的2000年平均收益,变成了1.2%
If you looked at the domestic equity return -the average return that was posted in 2000--it was -3.1%.
看看国内证券的收益,2000年公报的平均收益率是负3.1%
You look at the returns that are reported for hedge funds in aggregate--they're generally 12%,13%,14% per year for the last five or ten years.
看一下过去5到10年间,公报中的对冲基金年平均收益率,普遍来说是12%,13%,14%
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