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I wrote my first book--I already talked about that, Pioneering Portfolio Management--that deals with the challenges that face institutional investors.
我写的第一本书,我已经提到过了,《机构投资的创新之路》,讨论了机构投资者所面临的挑战
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They also grow more in countries that have institutional structures that encourage investing in mutual funds, such as pension plans.
此外,在那些,建立了鼓励投资共同基金制度结构,比如养老基金计划的国家,共同基金的发展也比较快
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The institutional and educational requirements of Plato's Republic share many features with a place like Yale.
柏拉图《理想国》的制度,与教育条件特色,有许多方面和耶鲁是共通的。
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Most of our real estate exposure is institutional -acquisitions of office buildings -largely in major markets-- central business districts.
我们大多数不动产投资是机构性的,比如主要是在商业中心地区,大量收购写字楼
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Well, it can only be true if security selection and market timing detract from institutional returns or individual returns in the aggregate.
唯一的可能性就是证券选择,和市场时机选择,给机构和个人带来的是负的回报
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I'm not just going to pick on individual investors, I'm going to pick on institutional investors too.
我不仅在批评个人投资者,我也要批评机构投资者
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So,huge amounts of institutional funds and individual funds are going into this hedge fund world.
大量机构基金和个人基金,都将进入对冲基金领域
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Aristotle is very sketchy here about the structure the institutional structure the make-up of the best regime acknowledging the best regime is one where the best men rule.
亚里士多德对于结构的描述,是概略的制度结构,最佳政体的构造,仅声明最佳政体,是由最优秀的人所统治。
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Hobbes, in other words, tried to render acceptable, tried to render palatable, what Machiavelli had done by providing a more precise and more legal and institutional framework for the modern state.
霍布斯，换句话说，试图去变得易于接受，试图去变得更加愉快，马基雅维利的做法是,给现代国家提供一个,更加精确，更加法定的机构性框架。
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He's come to the conclusion that over 90% of the variability of returns in institutional portfolios is attributable to asset allocation and that's the number that I think most people hear cited when they are looking at Roger Ibbotson's work.
他得出结论,机构投资中,超过90%的回报率变动,要归因于资产配置,我想这是罗格·伊博森的文章里面,被人引用得最多的结论
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