Those are institutions that arrange for or manage the buying and selling of financial assets, such as the New York Stock Exchange.

经纪机构是指那些安排或,管理买卖的,金融资产的机构,比如说纽约股票交易所

耶鲁公开课 - 金融市场课程节选

They build them, they do what if games, they play with them, and then they try and adjust them to get them right The nice thing here is, you can decide whether you believe momentum and see what it would mean, or not mean, etc.

他们实现建立程序，他们去做“要是“游戏，他们不断尝试，然后他们不断调整最终得到正确结果,最好的一件事就是，你可以决定你是否相信这个股票势头,看看它到底意味着什么或根本没有意义。

麻省理工公开课 - 计算机科学及编程导论课程节选

But, when you move from lending money to the government -either short-term with bills or longer term with bonds -to investing in the equity market, there's a stunning difference in terms of the returns.

当你转变投资方式,从借钱给政府,即通过短期债券或长期债券的形式,变成投资于股票市场,回报率的差别会大到让你吃惊

耶鲁公开课 - 金融市场课程节选

The idea, of course, is that we have a legal entity--a corporation-- that issues shares that are either given to people or purchased by people and the idea is that shares represent contributions.

最初的做法是,一个法人实体即公司,发行股票,然后发放或卖给人们,理念就是,股票象征着贡献

耶鲁公开课 - 金融市场课程节选

If a company--if its stock sells for less than its assets are worth then the company maybe should be broken up and the assets taken and given somewhere else because the low stock price indicates a problem.

如果一家公司---如果它的股票卖的,比它的资产价值低,那么这家公司也许就应该破产，并且,它的资产就应该被占用或分配到其他地方,因为低的股票价格预示着一个危机。

耶鲁公开课 - 金融市场课程节选