But - as I described in my book, the Long and the Short of It - having a realistic target rate of return in your mind is an indispensable tool for the sophisticated investor.
但正如我在拙著《the Long and the Short of It》中所述，对于老练的投资者而言，心里有一个现实的目标回报率是一个不可或缺的工具。
2
All of that book value consisted of textile assets that could not earn, on average, anything close to an appropriate rate of return.