The amount that we're spending for the year ending June 30,2008 is $843 million -that represents 37% of revenues--and we're projecting expenditures for the following year of $1.15 billion.

截至20008年6月30日,我们的年支出是8亿4千3百万美元,占了收入的37%,我们明年的支出预算是11亿5千万

金融市场课程节选 : 耶鲁公开课

If you look at the Frank Russell data and I just cited ten-year returns ending June 30,2005, so that period started in 1996 -well,in 1996 there were 307 managers that reported returns.

看看罗素公司的数据,我引用了从1996年开始,截至2005年6月30日的十年收益,在1996年有307位经理人公布收益

金融市场课程节选 : 耶鲁公开课

For the ten years ended June 30,2005, it returned 9.9% per year and then the average return for the actively managed equity fund was 9.6% per year, so we're back to that thirty basis points.

截至2005年6月30日的10年间,该指数年收益率为9.9%,而主动管理型股权基金的年平收益率为9.6%,我们落后30个基点

金融市场课程节选 : 耶鲁公开课