What I think the mutual fund industry has turned into, largely, is a stock picking industry, not a portfolio diversification industry.

我认为,共同基金行业在很大程度上,已经演变成选股行业,而非投资组合多样化行业

耶鲁公开课 - 金融市场课程节选

Just by putting money into a broadly diversified portfolio of stocks you would have gotten 3,077 times your money.

仅仅将钱投资于,一个多样化的普通股组合,你就会获得本金的3077倍

耶鲁公开课 - 金融市场课程节选

What will happen is that Yale will continue to hold a relatively well-diversified portfolio as defined by the range of asset classes in which it invests.

实际上,耶鲁会继续保持,一个相对合理多样化的投资模式,来进行多种资产的投资

耶鲁公开课 - 金融市场课程节选

Today's lecture is about portfolio diversification and about supporting financial institutions, notably mutual funds.

今天这堂课的内容是投资组合多样化,以及辅助性金融机构，特别是共同基金。

耶鲁公开课 - 金融市场课程节选

There's something else going on besides diversification; diversification means you get the average return.

除了投资多样化外,肯定还有别的因素,投资多样化代表着市场平均收益

耶鲁公开课 - 金融市场课程节选

You might have--it would be incorrect, I think, in listening to what he said and conclude that he just says diversify because he's obviously done something very different from that.

如果你们听课以后觉得他的秘诀,只是投资多样化,那可不太全面,显然他还做了不少其他的事情

耶鲁公开课 - 金融市场课程节选

Finally, I just want to say, next lecture is January twenty-eighth and we're going to talk about portfolio diversification, which is one very important application of the fundamental principle of risk management, as applied to securities.

最后，我想说下一讲是在1月28日,到时我们会谈谈资产组合多样化，这是风险管理基本原则中,对证券投资来说，这是非常重要的一项应用。

耶鲁公开课 - 金融市场课程节选

He really emphasized diversification.

他非常强调投资多样化

耶鲁公开课 - 金融市场课程节选