• Are you going to hold the market portfolio, index your assets, match the markets results?

    你是应该持有市场投资组合,指数化资产,获取与市场一致的回报率

    耶鲁公开课 - 金融市场课程节选

  • Banks are in trouble and as you know - they're starting to fail because they the value of their assets in the market is falling rapidly.

    银行陷入危机,并且你知道,他们开始破产因为他们,市场中资产的价值,在迅速的降低。

    耶鲁公开课 - 金融市场课程节选

  • All of a sudden the underperforming fund's record disappears and the assets are in a fund that has a better record -a record that you can actually market.

    于是运作不佳的基金消失了,改头换面以优异基金的形式出现,其优良的记录可以用来做基金销售的依据

    耶鲁公开课 - 金融市场课程节选

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