This is a kind of mutual fund. Mutual funds invest money from many people.

这是一种共同基金。共同基金用许多人的钱去投资。

" Options" ? I'm not a mutual fund, Rex.

选择？Rex，我可是一个共有基金。

Exchange-traded funds (ETFS) and mutual funds automatically track indices of shares and bonds.

交易所交易基金和共同基金自动跟踪股票和债券的指数。

Just buy mutual funds. There's nothing wrong with mutual funds.

以后就买共同基金吧 出乱子。

And those are the biggest advantages for ETFs over mutual funds.

这些是 ETF 基金相对于公募基金的最大优势。

One friend said he put money into a mutual fund that held stock in communications companies.

一位朋说，他把钱投进了一只共同基金，该基金持有通信公司的股票。

Who's doing all this lending? Well, there are banks, mutual funds, pension funds and the like.

那谁贷款？银行、共同基金、养老基金等等。

So Rob Arnott interestingly, is not a traditional ETF manager or even a mutual fund manager.

有趣的是，罗布·阿诺特并是传统的 ETF 经理，甚至是共同基金经理。

Another problem is competing with superstars such as Mr Zhang, who often manage money for giant mutual funds.

另一个难题是与像张坤这样的超级明星们竞争，他们大多为大型共同基金管理资金。

The humble mutual fund came of age in the 1970s after two decades of middle-class prosperity in America.

20世纪70年代，美国中产活跃了二十年后，起眼的共同基金成熟起来。

It faced stiff opposition of some of Dell's largest outside investors like Carl Icahn and big mutual funds.

它面临着像卡尔·伊坎及大型共同基金等一些戴尔最大外部投资者的强烈反对。

Like mutual funds, ETFs invest in a range of stocks, bonds, and commodities, which helps spread the overall risk.

与共同基金一样，交易所交易基金投资于一系列股票、债券和大宗商品，这有助于分散整体风险。

RAY DALIO: So it's a structure within which investors can do all different things, like a mutual fund.

在这种结构中，投资者可以做各种同的事情，比如共同基金。

I think mutual funds are waste of money.

我认为共同基金是浪费钱。

Now, you can also buy " mutual funds" .

现在，您还可以购买“共同基金”。

Some higher-risk investments include mutual funds and stocks.

一些高风险的投资包括共同基金和股票。

A " mutual fund" is typically a collection of different kinds of stocks.

一个“共同基金”通常是由同类型的股票组成的集合。

Like sushi, mutual funds may not be for everyone.

就像寿司一样，共同基金可能并适合每个人。

They just made mutual funds into a huge industry over the last 40 years.

在过去的40年里，他们将共同基金发展成了一个庞大的产业。

They were already into Vanguard mutual funds.

他们已经投资了先锋集团的共同基金。