Now they are falling and in real terms home prices have fallen almost 10% since the peak in 2006.

从2006年房价格最高点算起,现在房价已经,下跌了将近 10%

耶鲁公开课 - 金融市场课程节选

You buy something that's down 30% but it's got another 50% to go and I think it just has to do with time horizon.

某资产价格下跌了30%,你买入,而后它反弹又上涨50%,我认为上涨只是时间问题

耶鲁公开课 - 金融市场课程节选

Once they're investigated, their stock prices and their bond prices are going to fall.

一旦这些公司被调查,他们的股票价格和他们的债券价格就会下跌

耶鲁公开课 - 金融市场课程节选

If stock prices went down-- by the way, bond prices went up.

当股价下跌,顺便提一下,债券价格会上涨

耶鲁公开课 - 金融市场课程节选

After 1929, real estate prices fell dramatically and people became unemployed.

929年之后,房地产的价格大幅下跌,人们大量失业

耶鲁公开课 - 金融市场课程节选

It's kind of like the average price of a share adjusted for splits because you don't want the--obviously when they do a two-for-one split, the price falls in half and that's meaningless, so you want to correct for splits.

有点像经过分割调整的股票平均价格,因为你不想,当一股分割成两股,价格下跌一半,这是没意义的,所以要修正分割

耶鲁公开课 - 金融市场课程节选

I would be careful and not have all your money invested in stocks. I would look at a lot of these distressed debt--some of the distressed debt that has gone down. I don't know if you understand that but some of the debt that--even bank debt, which is the highest level, I think, has become very cheap.

我会非常的小心，不会把你们的钱全部都,投在股票上，我会寻找一些,不良债务--一些不良债务的价格已经下跌了,我不知道你们是不是理解这些东西,但一些债务--即使是银行债，它们的保险级别较高，我觉得，价格都已经很便宜了。

耶鲁公开课 - 金融市场课程节选