可悲的电信公司,对那些贬值的资产抄底很少奏效,而投资者否决涉及到成熟资产的扩张交易,它们几乎不产生协同成本。
Sadly for the telecoms firms, bottom-fishing for distressed assets rarely worked, and investors vetoed empire-building deals involving mature assets that yielded few cost synergies.
很多人奇怪为什么这些投资者会将资金投入到这个机构当中而不直接去购买打折债券亦或保险。
Many wonder why any investor would put money into such vehicles when they can buy bonds directly at a discount or get the insured version.
另外,交易所指数基金能提供每日的价格和流动性,允许投资者迅速退出和改变他们的市场地位而不遭受因卖出来受到的严重损失。
In addition, ETFs can provide daily pricing and liquidity, allowing investors to exit quickly and change their market position without incurring heavy discounts on selling the product.
We think that the more interesting investment opportunities are kind of outside of the mainstream with more entrepreneurial firms and ones that might have less traditional backgrounds.
我们觉得回报更佳的投资机会,并不在那些已经饱和的,主流投资领域中,而可能在那些不那么传统的新兴领域
It's not just taking what's given by the insurance company.
而不局限于保险公司的既定投资计划
We have democratized -Now, REITs are a rapidly growing force in investing and now we have substantially democratized real estate holdings so it's not exclusively DPPs that are holding -not primarily--we have a lot of REITs now.
房地产投资已经公众化了,投资领域中的REITs正蓬勃发展,使得房产投资从根本上来说,公众化了,而不像DPP具有排他性,现在REITs数量众多
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