What this parable really teaches us is that we do best to wait, we do best to consider the command, to consider all of the possible investment strategies.

这个寓言真正教会我们的是我们最好等着，我们最好仔细考虑要求，考虑所有可能的投资策略。

耶鲁公开课 - 弥尔顿课程节选

Just at the point of maximum opportunity people were at the point of maximum bearishness about the equity markets.

就在最好的投资机会来临的时候,人们对股票市场看空的程度,却刚好达到顶峰

耶鲁公开课 - 金融市场课程节选

What I did was I took the ten best-performing Internet funds and looked at the returns from 1997 to 2002.

我选了十个表现最好的投资网络的基金,分析它们1997至2002年的收益情况

耶鲁公开课 - 金融市场课程节选

If you look at the ten best-performing Internet funds from 1997 to 2002, the time-weighted return is 1.5% per year positive, so the funds went way up and then they went way down.

这十个表现最好的网络投资基金,从1997年到2002年,时间加权回报率是每年1.5%,基金一路涨涨跌跌

耶鲁公开课 - 金融市场课程节选