You might even see the farmers sometimes who brought the food into market, and that was certainly true in earlier days.

有时候你甚至能在市场看到,农民在贩卖他们的农作物,过去的确是这样的

耶鲁公开课 - 关于食物的心理学、生物学和政治学课程节选

Two, what do you think are the best ways an individual ? investor can make the best return in the market these days?

第二个问题，在现在的形势下，你认为个人投资者,怎样才能从市场中获得最大的收益？

耶鲁公开课 - 金融市场课程节选

s not the burden of your argument that markets work only flawlessly if the government were get out of the way.

所以就算你没说，Ok，so，it’,市场只能在,政府不干预的情况下运转良好。

斯坦福公开课 - 经济学课程节选

You start--Your human capital is your ability to do things and your knowledge, which is what you have to sell in the marketplace.

人力资本就是,你做事的能力以及你的知识，这些是你在人才市场上的资本。

耶鲁公开课 - 金融市场课程节选

Now,I think it's logical that if you're going to try and beat the markets, you'd want to beat the markets where the opportunity was greatest.

理论上说,如果你想获得优于市场水平的收益,在时机恰当时,你就能做到战胜市场

耶鲁公开课 - 金融市场课程节选

Where even if you can find somebody who's going to be a first quartile manager, there's almost no difference between the first quartile return and the third quartile return.

即使你能找到一位,一流的经理人,但在债券市场收益中,第一和第三个四分位数之间几乎没有区别

耶鲁公开课 - 金融市场课程节选

There's maybe about three trillion dollars worth of stuff backed by mortgages out there Well, as you've seen, these have produced crisis of confidence and I don't think we've heard the last of it.

现在大概有价值三万亿美元的有抵押证券,在市场上流通,就像你所看到的那样，这些证券已经导致了,市场信心的丧失，而且我个人认为这还完全没有结束。

耶鲁公开课 - 金融市场课程节选

The market portfolio is, if you took all the stocks and bonds, and oil, and real estate, anything that's available to invest in, in the whole world, put them all together in one portfolio.

市场组合则是，假设你在全世界范围内购买了所有，能够投资的股票，债券，石油和房地产，将他们放在同一个投资组合里。

耶鲁公开课 - 金融市场课程节选

This is once you've decided that you're going to be an active manager and try and pursue market beating strategies, how do you decide where it is that you want to spend your time and energy?

一旦你决定了要当主动管理型基金经理人,努力追求高于市场收益的策略,你会如何决定,在哪些方面投入时间和精力

耶鲁公开课 - 金融市场课程节选

for the most part, if stocks have done much better if you've bought them at a point that looks cheap on that graph than one that looks expensive.

如果你做得很糟糕的话-多半情况下，you've，done，poorly，if—,如果你通过市场曲线图,在看上去比另外一个时间点便宜的时候买进它们,而股票又表现得非常好。

耶鲁公开课 - 金融市场课程节选

Again, I'm not going to spend much time on this, of the ith asset is the regression coefficient when you regress the return on the ith asset on the return of the market portfolio.

再强调一次，我不打算花太多时间在这个等式上面，但要注意的是当你想将市场组合收益，but，the，β,回归到第i资产收益中去,第i资产β系数是线性回归方程的,回归系数。

耶鲁公开课 - 金融市场课程节选