So there's not a lot of room in the government bond market or other high-quality bond markets to generate excess returns.

所以对于政府债券或者优质债券,超额收益的空间不大

耶鲁公开课 - 金融市场课程节选

These are the only countries that I've been able to find that have high-quality, repeat sales price indexes going back a hundred years.

只有这三个国家,在100年前就已经出现,优质的重复销售价格指数

耶鲁公开课 - 金融市场课程节选

So it looks as though what the Mycenaeans did-- Greece is filled with wonderful olive trees and so they obviously took the oil from those olives.

这样看来,做芳香油贸易就很稀松平常了,希腊盛产优质的橄榄树,很显然,他们从橄榄中提取油

耶鲁公开课 - 古希腊历史简介课程节选

And I can truly attach to the excellence of their service.

我亲身体验到,他们提供的优质服务。

普林斯顿公开课 - 国际座谈会课程节选

The bond markets,in general, and the high-quality bonds in particular are probably easiest to value.

一般来说,债券市场,尤其是优质债券,可能是最容易定价的

耶鲁公开课 - 金融市场课程节选

Subprime refers to mortgages, which is not the subject of today's lecture, but a subprime mortgage is a mortgage issued to a borrower who is not considered prime--not a good risk.

次贷指的是次级抵押贷款,这不属于今天的讨论范围之内,次级抵押贷款是发放给特殊借款人的,他们不是优质客户,也就是说风险较大

耶鲁公开课 - 金融市场课程节选

They don't have -- those men in Lincoln green with the enormous long bows, made out of good English composite whatever, who can fire the thing thousands of yards and penetrate and kill the French nobility.

忘掉阿金库尔战役吧 那时候没有穿着林肯绿,拿着英国式优质长弓的弓手,百步穿杨,千里追风,取法国贵族性命于无形

耶鲁公开课 - 古希腊历史简介课程节选

You want to spend your time and energy pursuing the most inefficiently priced asset classes because there's an enormous reward for identifying the top quartile venture capitalist and almost no reward for being in the top quartile of the high- quality bond universe.

你应该投入所有的时间和精力,去追逐最不能有效定价的资产,因为在那里才能通过一流的风投经理人,获得巨额的投资回报,而在债券市场,即使债券优质,经理人一流,回报微乎甚微

耶鲁公开课 - 金融市场课程节选