The author holds that, being short of a cultural dimension, fertility management will decay toward non-principled management with neither theory-backups nor rational ideas.

作者认为缺少文化层面所建立的生育观念的管理是没有理论和合理观念的无原则管理。

youdao

His principled stand lost him nearly half his assets under management due to client defections, but those that stuck with him did well in the bear market that followed.

FORBES: Jeremy Grantham's Top 5 Dividend Stocks