It is human behaviour, more than financial instruments, that needs changing, says Mr Mauboussin of Legg Mason.

就像美盛集团的马博新先生所说，需要改变的与其说是金融工具，不如说是人的行为。

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Modelswere "an accessory to the crime, not the perpetrator", says Michael Mauboussinof Legg Mason, a money manager.

模型只是“犯罪的帮凶，而不是罪犯本身”，雷格梅森的资金经理麦克莫伯森说。

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So the success of Bill Miller, a fund manager at the Baltimore-based Legg Mason, has been a conundrum for those who believe in efficient markets.

依靠察看过去的信息或以往价格变化的形式来赚钱是不可能的的人而言，巴尔的摩莱森·梅森Legg Mason公司的基金经理比尔·米勒的成功是个难解的谜。

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Legg Mason's Appreciation Fund managers predict a slow recovery for financials and the U.S. economy.

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Legg Mason has no independent chairman and a composite Morningstar stewardship grade of C.

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Edwards, Raymond James and Legg Mason, have done just fine with minimal investment-banking ties.

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