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。
The reform of the political structure is an important part of China's overall reform. We must continue to make both active and prudent efforts to carry out the reform of the political structure, and make people's democracy more extensive, fuller in scope and sounder in practice. We must ens...
Define prudence. prudence synonyms, prudence pronunciation, prudence translation, English dictionary definition of prudence. adj. 1. Careful or wise in handling practical matters; exercising good judgment or common sense: a prudent manager of money. 2. C
84、But it is the same with man as with the tree. The more he seeks to rise into the height and light, the more vigorously do his roots struggle earthward, downward, into the dark, the deep - into evil. 其实人跟树是一样的,越是向往高处的阳光,它的根就越要伸向黑暗的地底。 85、You...
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A prudent strategy on carbon dioxide removal can minimize the risk of overestimating its potential and reduce mitigation costs, according to an integrated assessment model analysis of the relationship between uncertainties in carbon dioxide removal feasibility and climate sensitivity. Theresa Schaber Tommi ...
start or first performance is all; which a man cannot reasonably demand, except either the nature of the thing be such, which must go before; or else a man can persuade the other party, that he shall still need him in some other thing; or else that he be counted the honester man. ...
“The place for your Agricultural and Mechanical College,” wrote Wheeler,” is undoubtedly at Austin in connection with the State University.” The Texas Cattle Raisers’ Association added its voice, and thought that merging A&M with UT “would be wise and prudent from every point of view....
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