I asked each of them to bring a book that had informed that question for them, inside or outside of the classroom that they had read or what in Princeton.

我让他们每人带一本书来,这本书该为他们提供了对这个问题的提示,只要是他们在学校里课堂内外读过的都行。

普林斯顿公开课 - 人性课程节选

Yale also has an art collection, which is worth many billions, but we don't count that as part of the endowment because they will never sell it so it doesn't provide income for us.

耶鲁还有一些艺术藏品,价值好几亿美元,但我们并不把它作为基金的一部分,因为学校不会卖掉它们,所以它不会为学校提供任何收入

耶鲁公开课 - 金融市场课程节选

The equity orientation drove the returns but the diversification allowed us to deliver those returns in a stable fashion, which is incredibly important for an institution like Yale that requires a steady supply of funds to finance its operations.

股票导向型投资会推动收益率上升,但多元化能让收益更平稳,这对于耶鲁这样的机构极为重要,因为它需要稳定的资金供给,为学校运营提供财务支持

耶鲁公开课 - 金融市场课程节选