Fund investors are confident that they can easily select superior fund managers. They are wrong.
基金投资者有信心,他们可以轻松选择优秀的基金经理。他们错了。
要在法律之外生活,你必须诚实。
Banking is inherently fragile because it involves transforming liquid liabilities into illiquid assets.
Success is stumbling from failure to failure with no loss of enthusiasm.