• That is that you--the errors that people naturally make are often errors of inattention.

    人们常常,注意力集中犯错

    耶鲁公开课 - 金融市场课程节选

  • It is not to bind them from voluntary actions but to direct and keep them in such motion as not to hurt themselves by their own impetuous desires, rashness or indiscretion as hedges are set not to stop travelers but to keep them on their way."

    是约束他们去做本该做的事,是约束他们该做的事,以免自己的欲望,轻率,鲁莽危机自身,这就像是篱笆的功能一样,是要阻挡行路是为小路指引方向“

    耶鲁公开课 - 政治哲学导论课程节选

  • You see, if they give the-- if they merely give shares to the CEO without increasing your shares, then you are being diluted because it's raising the total and it's reducing the ratio.

    如果他们仅仅给首席执行官股份,给你们增发股份的话,那么你们的股份会总数增加被摊薄,比例有所降低

    耶鲁公开课 - 金融市场课程节选

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