I call it the universal principle of risk management pooling and the hedging of risk.

我称之为,风险管理的普遍原则,风险汇聚和风险对冲

耶鲁公开课 - 金融市场课程节选

I would be looking at this--at the debt areas Student: You mentioned about the U.S. dollar falling in value recently. What kind of foreign currency vehicles or trading would you recommend to kind of hedge a bet against a dollar assuming that it continues to fall?

我会考虑这方面的投资--债务市场方面的机会,学生：你刚才提到美元,最近贬值的问题，那么哪些品种的外汇金融工具,或者外汇交易在你看来可以用来,对冲美元贬值的风险,如果我们假设美元还会将继续贬值？

耶鲁公开课 - 金融市场课程节选