The prudent man rule requires thateach investment be judged on its own merits and that speculative or risky investments must be avoided. “审慎管理人原则”(the prudent man rule)要求基金管理人远离风险过高的资产。用这个原则来衡量海外长线基金甚至芒格的清仓行为,就会感觉比较能理解他们。
Meaning of the Prudent Man Rule, Thebars to specula- tion, but it does give informed and intelligent trustees an opportunity to hedgeagainst the possibility of destructive inflation. Those who desire additional information concerningthe Rule should consult Scott on Trusts; Loring, A Trustee's ...
With respect to the Prudent Man Rule and the Prudent Investor Rule, which of the following statements is least accurate? A. An investment that is not appropriate under the Prudent Man Rule may be appropriate under the Prudent Investor Rule. B. Both the Prudent Man Rule and the Prudent Invest...
The courts' interpretation of the prudent man rule employed by most states prior to the passage of ERISA conflicted with three important principles of modern investing: (1) It focused on the performance of individual securities, rather than on the performance of the portfolio as a whole; (2) ...
B. Both the Prudent Man Rule and the Prudent Investor Rule require the exercise of reasonable care.C. The Prudent Investor Rule requires trustees to have exceptional skills and expertise. 正确答案:C 分享到: 答案解析: Trustees are not required by the Prudent Investor Rule to have exceptional ...
The basic rationale for switching from the Prudent Man Rule (PMR) to the Prudent Investor Rule (PIR) is that the PMR: A. was permitting fiduciaries to take risks that were deemed unacceptable when reviewed in court. B. views the decision to invest in each asset in isolation, while the ...
Debate within and Debate without: NEPA and Redefinition of the Prudent Man Ruleenergy planning, policy and economyenvironmental policymodificationsnational environmental policy actimplementationadversariesenvironmental impactsintervenorsleasespolitical aspectsNational Energy Environmental Policy Act (NEPA) and ...
然而,为了保证养老金的安全,1974年的雇员退休金安全法案(The Employee Retirement Income Security Act, ERISA)禁止养老金投向风险投资或其他高风险的资产类别。1979年对ERISA中Prudent man rule的修正案中,放开了养老金投资于风险投资等高风险资产类型的限制。这成为了风险投资行业发展历史上最重要的规模扩容事件。
5) prudent investor 谨慎投资人 1. The prudent investment rule of trustees in America has developed from the legal list stage to prudent man rule and now the prudent investor rule. 美国信托受托人谨慎投资义务规则经历了从法定清单制度、谨慎人规则到谨慎投资人规则的历史过程。6) Prudent Person ...
The courts' interpretation of the prudent man rule employed by most states prior to the passage of ERISA conflicted with three important principles of mode... AS Rao,CP Rangan - 《Information Processing Letters》 被引量: 125发表: 1977年 Portfolio theory and how parent birds manage investment ri...