Volatility looks likely to continue across equity markets in 2012. But the risks we typically care about most are large permanent losses, not volatility. There is a strong case that we do not face a plethora of potential large permanent losses from multi-country investing in emerging markets in 2012. We do from investing in the developed world.
2012年，波动性看上去有可能会在manbetx app苹果 所有股市继续存在。但我们一般最关心的风险是大规模永久性亏损，而非波动性。我们有很好的理由认为，今年，我们不会在投资多个新兴市场方面遭遇过多潜在大规模永久性亏损。而如果投资发达国家股市确实会如此。
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