市场本身已经发生了剧烈改变——即从高负债的投资银行转向低杠杆的安全性以及受监管水平更高的商业银行。

The market itself has already asked for dramatic changes—away from highly geared investment banks towards the safety of lower leverage and more highly regulated commercial banks.

youdao

在每一次爆发之后，那些幸存的公司开始暂时规避风险投资，降低杠杆比率。

After each blowup, the firms that survive temporarily shy away from risky ventures and cut back on leverage.

youdao

无论如何，普通股票投资者是不具有杠杆效应的。

In any case, the typical equity investor is not leveraged.

youdao

Such a person might pick a point up here and that would be a portfolio with--a leveraged portfolio.

那样的人可能会在这里选一个点来投资,那就是一个有。。。这是个杠杆投资组合。

耶鲁公开课 - 金融市场课程节选

Or should I spend my time and energy trying to find the top quartile bond, top quartile real estate manager,or buyout manager, or venture capital manager?

还是说,我应该投入时间和精力,去找一流的债券经理人,一流的不动产或杠杆收购经理人,或者一流的风险投资经理人

耶鲁公开课 - 金融市场课程节选

That means you'd have a leveraged portfolio, you would be borrowing.

那表示你有一个杠杆化的投资组合，你可能透支了。

耶鲁公开课 - 金融市场课程节选