How would you recommend that investors protect their wealth during this period to ? take advantage of upcoming investment opportunities?

那你对投资者在这段时间内,如何保护他们的财产并且,进一步利用这即将到来的投资机会有什么建议呢？

耶鲁公开课 - 金融市场课程节选

So, SIPC was set up in 1970 and SIPC insures cash accounts up to $100,000 and securities accounts up to $500,000.

证券投资者保护公司于1970年成立,其对现金账户的保护金额高达10万美元,对证券账户的保护金额高达50万

耶鲁公开课 - 金融市场课程节选

The middle class guys behind the screen who are going to invest in these long treks.

那些幕后的中产阶级们,他们打算对这些长途贸易投资

耶鲁公开课 - 欧洲文明课程节选

So, that kind of stuff is something to look at but I'd be very careful in buying equities.

所以这样的投资工具就是我们所要考虑的,但我对资产板块的投资会比较小心。

耶鲁公开课 - 金融市场课程节选

If you read his Pioneering Portfolio Management on the syllabus, he really has a preference for equities.

如果你阅读他的著作《开拓投资组合的管理》的摘要,他确实对股票有偏好。

耶鲁公开课 - 金融市场课程节选

So, it's not surprising that asset allocation explains more than 100% of returns and that, for the community as a whole, market timing and security selection are costly and lower the community's aggregate investment returns.

因此资产配置能解释100%以上的回报,也不足为奇了,对投资者整体来说,市场时机选择,和证券选择是有代价的,降低了总的投资回报

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

What we want to do now is compute the mean and variance of the portfolio-- or the mean and standard deviation, since standard deviation is the square root of the variance-- for different combinations of the portfolios.

我们现在要做的是,计算这个投资组合的均值和方差-,或者均值和标准差，因为标准差的平方就等于方差-,这对任何投资组合都是一样的。

耶鲁公开课 - 金融市场课程节选

The second question was about China and there was a special report in the recent Economist talking about the ravenous appetite that China has for natural resources right now. I was curious what you ? thought the effect that would have on global financial ? markets and your investing strategy?

第二个问题是有关于中国的,在最近的《经济学人》杂志上有一篇特别报道,该报道是关于现在中国对自然资源的极度渴望,我非常想知道您个人认为,他们这种情况对全球金融市场会有什么影响呢,对您的投资策略又有什么影响呢？

耶鲁公开课 - 金融市场课程节选

Now, part of the problem is that the rating agencies were rating their securities that they were investing in as AAA, in many cases.

同时存在的一个问题是,信用评级机构对他们投资的,大部分债券都给予了AAA的评级

耶鲁公开课 - 金融市场课程节选

The definition is in Regulation D, which defines an accredited investor.

这是条例D里,条例D,美国证券交易委员会制定的一部法规 对可信投资者作出的定义

耶鲁公开课 - 金融市场课程节选