You said,if we invest in real estate The question is how we've dealt with decline in housing prices.

您提到过,耶鲁也有地产投资,提问是,我们是怎样应对房价下跌的

耶鲁公开课 - 金融市场课程节选

And we had investors who were coming to us who were already users of the product.

我们有慕名而来的投资者,他们已经是这个产品的用户了。

斯坦福公开课 - Twitter之父Jack.Dorsey演讲：好奇和灵感的力量课程节选

They might decide that we have some investment over there we just lost money on and we should take a write off for that.

他们决定说,有几笔投资赔了钱,我们得减掉这些

耶鲁公开课 - 金融市场课程节选

If we're all doing that, then that has to be what the outstanding is.

如果我们都按照那样的组合去投资，我们将会有个不错的收益。

耶鲁公开课 - 金融市场课程节选

Suppose we had a lot of different stocks that we could put into a portfolio, and suppose they're all independent of each other-- that means there's no correlation.

假设我们现在有很多只不同的股票,可以放进我们的投资组合里，同时假设它们都是相互独立的-,也就是说它们之间没有相关性。

耶鲁公开课 - 金融市场课程节选

So,if we see areas that are particularly interesting, we're more than happy to deploy capital to take advantage of what we think are cheap assets or expensive assets.

如果发现特别有吸引力的投资领域,我们也非常乐意进行资产配置调整,从我们认为的那些便宜的,或昂贵的资产中获利

耶鲁公开课 - 金融市场课程节选

The reason it's low is that we do have,what I think is, superior diversification and that really lowers the University's risk.

我认为耶鲁beta系数低的原因是,我们有卓越的多元化投资,这确实降低了耶鲁资产的风险

耶鲁公开课 - 金融市场课程节选

We defined an accredited investor as someone who can participate in a DPP or other sophisticated programs.

我们把可信投资者定义为,有资格加入DPP或者其他复杂项目的人

耶鲁公开课 - 金融市场课程节选