他话一出口，在众人惶恐不安的猜测下，美国银行的股票价格陡降。

In nervous anticipation, Bank of America's share price suddenly dipped when he spoke.

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他们对历史的解读揭示出，长期来看，股票的风险远没有普遍估计的那么大。

Their reading of history revealed that shares were far less risky over time than was widely assumed.

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不过，随着纳斯达克综合指数反弹到1600点以上，我最后一次买进的股票显示出大幅上涨的势头（我买进的时候纳斯达克综合指数在1375点），对那些早对坏消息见怪不怪的人来说，这可能是个意外惊喜。

But it may come as a surprise to those conditioned by bad news to note that the last of these -- executed when the Nasdaq was at 1375 -- is now showing a substantial gain with the Nasdaq over 1600.

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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。

耶鲁公开课 - 金融市场课程节选

In my diagram, I said that the tangency portfolio-- I estimated that the tangency portfolio is 9% oil, 27% stocks, and 64% bonds.

在我的曲线图里我有提到切线资产组合-,我估算出切线资产组合是9%的石油，27%的股票和64%的债券。

耶鲁公开课 - 金融市场课程节选

They tracked back who sold who shorted and who had sold just before--just at that time.

监管局追查出是谁卖出的,是谁在放消息前卖出股票

耶鲁公开课 - 金融市场课程节选