• Compound that 13.4% over ten years and there's just an enormous gap between those mutual fund numbers that are in the prospectus and in the advertisement--the time-weighted returns and the dollar-weighted returns that talk about the actual experience of the investment community.

    按13.4%复利算一下10年期的结果,你会发现在招股说明书和广告里给出的,用来反映投资机构实际业绩水平的,时间加权回报率,和货币加权回报率数字之间,有着巨大的差异

    耶鲁公开课 - 金融市场课程节选

  • The point of this advertisement is to make you feel like you don't have to know what the critic knows in order to read this novel.

    这个广告的目的是让你觉得不用具备批评家的知识,也能读懂这部小说。

    耶鲁公开课 - 1945年后的美国小说课程节选

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