• When you add another asset, you do better when you have three assets, you do better than if you just had two because there's more diversification possible with three assets than with two.

    当你增加一种资产,有三种资产的时候,投资组合的表现会比两种资产更好,因为三种资产相比两种资产的情况,可选择的投资组合更多

    耶鲁公开课 - 金融市场课程节选

  • When you start a company you might have had-- maybe when Peter Peterson and Stephen Schwarzman founded The Blackstone Group they gave each of them five hundred shares-- I'm just making that up-- but obviously there's going to be more shareholders as time comes in.

    开办一家新公司,你可能要...,当彼得·彼得森和史蒂芬·施瓦茨曼,创立黑石集团的时候,他们每人拿到了500股,这是我编的,显然,随着间推移,会有更多股东

    耶鲁公开课 - 金融市场课程节选

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