The overall conclusions are that, with respect to asset allocation, you want to create an equity-oriented diversified portfolio.

总而言之,在资产配置方面,你要创造一个股权导向的多元化投资组合

耶鲁公开课 - 金融市场课程节选

So another parallel is people talk about these highly intelligent people from whom the President that surrounded himself, erh, FDR surrounded himself with highly intelligent people, that is no guarantee of anything, except brilliant rationalization for failures in some cases.

所以从另一个方面说,人们总在谈论这些,聪明的人,总统身边的，呃，罗斯福身边,就有高智商的人，但那保证不了什么，他们只能为失败,找到托词。

斯坦福公开课 - 经济学课程节选