• We'll talk more about this very interesting situation It ties in so many aspects of financial market.

    以后会就这个有趣的现象加以讨论,因为它与金融市场的方方面面息息相关

    耶鲁公开课 - 金融市场课程节选

  • Why the interest rate clears-- it's a mysterious phenomenon, because it's a market phenomenon and each person only sees his or her own contribution to the market and not the whole market.

    为什么这个利率能让市场出清...,这是个不可思议的市场现象,每个人只能看到自己在市场中的行为,而不了解整体市场情况

    耶鲁公开课 - 金融市场课程节选

  • In recent years, there have been more examples of things that are priced too high than things that are priced too low but there are both and the market makes mistakes in both directions.

    在最近的几年里,有更多的例子表明,市场价格是偏高了而不是被偏低了,但是其实两种现象都存在,同时市场也在两个方向上都犯了错误。

    耶鲁公开课 - 金融市场课程节选

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