Vanguard founder John Bogle suggests 8% a year as a reasonable return.

先锋公司创始人约翰·博格尔建议，8%的年回报率是比较合理的。

Vanguard founder John Bogle suggests 8％ a year as a reasonable return.

先锋公司创始人约翰·博格尔建议,8%的年回报率是比较合理的.

Mr. Bogle is the founder and former chief executive of the Vanguard Group of Mutual Funds.

鲍格尔是美国先锋共同基金的创始人和前董事长.

According to the book Common Sense on Mutual Funds by John Bogle, long-term studies have shown that most mutual funds don’t maintain their ranking year after year.

根据约翰·博格尔所著的《共同基金常识》一书，长期研究发现，大部分共同基金不能年复一年地保持住自己的地位。

Arto Hampartsoumian, China chief executive of advertising agency Bartle Bogle Hegarty, says that the race to innovate between Chinese companies and their western competitors is risky.

广告代理商百比赫（Bartle Bogle Hegarty）中国首席执行官阿尔托?汉帕特苏米安（Arto Hampartsoumian）表示，中国企业与西方竞争对手之间的创新竞赛是有风险的。