-
That's got the lowest possible standard deviation of expected return and that's 25% stocks and 75% bonds with this sample period.
这个组合预期回报的标准差最小,在这一点上，投资组合,由25%的股票和75%的债券构成。
-
For example, maybe you have a friend who told you to invest in a specific stock
例如，也许你有个朋友告诉你应该投资某一股票。
-
It emphasizes the long run performance of the stock market, but it's really a general treatise of financial markets.
虽然这本书着重于股票长期投资,但它其实是一本关于金融市场的综合性著作
-
There are people who don't believe that, and instead argue t hat there is this notion called momentum.
有的人不相信这种说法，并且说,有一个叫做股票势头投资的东西。
-
Underlying this analysis, we have estimates of the expected returns on assets, notably, the expected returns on stocks and bonds.
凭借这个分析，我们可以估算出资产预期投资收益，特别是股票和债券的预期收益。
-
Just at the point of maximum opportunity people were at the point of maximum bearishness about the equity markets.
就在最好的投资机会来临的时候,人们对股票市场看空的程度,却刚好达到顶峰
-
The pink line here is the efficient portfolio frontier when we have only stocks and bonds to invest.
这条粉色曲线就是有效边界,这个投资组合只包括了股票和债券。
-
If you read his Pioneering Portfolio Management on the syllabus, he really has a preference for equities.
如果你阅读他的著作《开拓投资组合的管理》的摘要,他确实对股票有偏好。
-
The stock market is the best investment for long-term holders who can just buy and hold through the ups and down of the market."
对于那些能在股票市场的跌宕起伏中,一直持股的长线投资者而言,股票市场是最佳的投资
-
But beyond that, if you were confined to just stocks and bonds, it would be a matter of taste where along this frontier you would be.
进一步，若仅限于投资股票和债券的组合，选择哪个组合,取决于个人的兴趣。
-
The second book that I'm assigning is Jeremy Siegel, Stocks for the Long Run.
第二本指定教材是,杰里米·西格尔所著,《长期股票投资》
-
What this is is the price of a portfolio of shares in U.S. companies.
这是美国公司的股票投资组合的价格
-
This is the return on stocks for a period of almost 200 years.
这个是200年内股票的投资收益率。
-
Jeremy Siegel, Stocks for the Long Run, says the default should be equities.
杰瑞米·西格尔，在《股票的长期走势》一书中，指出默认的投资方式应该是股票。
-
That term was actually coined by economists, Prescott and Mehra; it's now in general use. That is, it just seems that stocks so much outperform other investments.
这个术语是由经济学家,普雷斯科特和梅拉提出,现在被广泛引用,这表明股票收益远超其他投资
-
The title of the book, Stocks for the Long Run-- stocks always outperform other investments for the long run and he says it's not due to selection bias.
书名是为《股市长线法宝》,长期投资中股票总是比其他资产有更高的收益,他认为他在研究中排除了选择性偏差
-
For him, the optimal portfolio should be very heavily into stocks.
以他的计算结果，最佳投资组合应该是大量投资股票。
-
The other thing that a company can do to get money out is share repurchase-- stock repurchase or share repurchase It's perfectly--this sometimes surprises people when they first think about it.
另外一个可以让公司,收回投资的方法是股票回购,股票回购或者股份回购,最初看到这一方法时,人们可能会十分惊讶
-
If you agree with my estimates, then you should do this as an investor, you should hold only some mixture of this tangency portfolio, which is 9% oil, 27% stocks, and 64% bonds.
如果你赞同我的估计值，那么作为一个投资者的话你应该这么做，你应该只持有,符合这个切线投资组合比例的投资，即9%的石油，27%的股票，和64%的债券。
-
he says, all investing is about coupon clipping and the difference between equities and bonds are that bonds come with a coupon that's known and equities have earnings in the future that you don't know.
他说，所有的投资都是关于票息剪券的,股票和债券的区别是,债券有确定的票息,而股票的收益发生在未来,你是无法确定的。
-
If you're investing with a long time horizon, having an equity bias makes sense; stocks go up in the long run.
如果进行长线投资,且存在股权偏好,那么从长期看,股票是上涨的
-
Let's assume that you've won the lottery, and have serious money that you foolishly wish to invest in the stock market There are two basic strategies to choose from in investing.
让我们假设你赢了彩票，然后又一大笔钱,而你很傻的想要投资到股票中去,有两个投资策略,可以选择。
-
Now ultimately, the purpose of investing in a share is to get the dividends; that's the whole named purpose of the corporation.
股票投资是为了取得股利,这也是公司明确的目标
-
What they do is they're pricing a portfolio up here and they keep substituting in new ones.
他们的工作是为一个投资组合定价,不停的用新股票进行替代
-
People don't usually know how many shares are outstanding in the company that they invest in.
人们通常不知道,他们所投资的公司到底发行了多少股票
-
The respondents were asked to identify the organization that insures you against losing money in the stock market or as the result of investment fraud.
被调查者被问到是否知晓,在股票市场或者在投资欺诈案中,保护他们的资金不受损失的机构
-
He wrote a book called Stocks for the Long Run, starting in 1993.
他1993年开始写这本《长期股票投资》
-
What you could do is, say, borrow $.50 on your $1 and put $1.50 into a portfolio, which consisted of 9% oil, 27% stocks, and 64% bonds.
你所做的就是，这么说吧，你用手上的1美元借来了50美分1,然后以这1。5美元购买投资组合，其中包含9%的石油，27%的股票和64%的债券。
-
Suppose we had a lot of different stocks that we could put into a portfolio, and suppose they're all independent of each other-- that means there's no correlation.
假设我们现在有很多只不同的股票,可以放进我们的投资组合里，同时假设它们都是相互独立的-,也就是说它们之间没有相关性。
-
What Siegel emphasized--the book is really about this-- he talks about what is the expected return of stocks and what is the expected return of bonds and so on.
西格尔强调的是。。。这书真正讲的是-,他讨论了什么是股票预期投资收益,以及什么是预期投资债券等等内容。
应用推荐