A critical point was a book written by Louis Brandeis, that's the guy that Brandeis University is named after.

这就不得不提路易斯·布兰代斯的一部著作,布兰代斯大学正是以他命名的

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Under Louis Brandeis -Brandeis wanted companies to always present the information, but for him it always meant presenting a document, so they had something called a prospectus, for example.

路易斯·布兰代斯...,他希望公司能够始终提供信息,在他那个时代,是指提供文档,比如当时称为招股说明书一类的文件

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Was the professor just down the road here at Brandeis .

布兰迪斯大学教授。

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But he was living in the paper age.

布兰代斯生活在纸质文档的年代

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If you are a public company, the important thing is you have to do all of the disclosure that Louis Brandeis would have liked; you have to file regular forms with the SEC, disclosing information.

作为一家上市公司,你必须公布所有必要信息,就像是路易斯·布兰代斯曾希望的那样,你必须定期向证交会上交文件,披露公司的信息

耶鲁公开课 - 金融市场课程节选