"The bad news is that we still have 1.8-million deaths per year from tuberculosis.

VOA: standard.2009.12.09

are slow to do a second edition of their book because if they got it out this year it would be a bad year to get it out because everything is changing.

他们怕自己的书出版时,恰逢乱世,因为现在,整个世界都在变。

耶鲁公开课 - 金融市场课程节选

So, you're having a good year this year maybe-- it looks that way now-- and you think you can't afford it, but just think how bad it will be if it's a bad year.

也许对你来说,今年年景不错,起码现在看起来是这样的,你只是觉得买不起保险,那么一旦歉收,你的处境会有多糟呢

耶鲁公开课 - 金融市场课程节选

Now, that's not a huge number but, obviously, when you're hoping to beat the market by a point or two losing by 0.3% per year because of your market timing inability is a bad thing.

看起来这不是个巨大的数字,明显地,当你希望获得,高于市场水平一到两个百分点的回报率,却由于抓不住市场时机而每年亏个0.3%,就很糟糕了

耶鲁公开课 - 金融市场课程节选

As reported contemporaneously in 2000,the number was -3.1% but if you look at the number reported for 2005, because bad records had disappeared and good records had been added, all of a sudden the average experience for that year went up to +1.2%.

000年期的公告中这个数字为负3.1%,但是如果你去查2005年公告的数字,坏记录已经调整而消失,有利的投资记录被加入,转瞬之间,年平均收益升至1.2%

耶鲁公开课 - 金融市场课程节选