KESTENBAUM: You know, hedge funds - like, investment firms for rich people with these brilliant Ph. D. s working crazy-long hours. And Buffett says, those guys, they are not worth the fees they are charging investors.

KESTENBAUM：你知道，对冲基金——就像那些为富人服务的投资公司，他们拥有这些疯狂长时间工作的杰出博士。巴菲特说，那些人，他们不值得向投资者收取费用。