That is to say, current prices reflect all publicly known information about each stock, and therefore are unbiased.

也就是说，现在的价格,反映了关于股票的所有公共信息,也就是说它是无偏向性的。

麻省理工公开课 - 计算机科学及编程导论课程节选

This is since 1802-- now how many countries do you think have uninterrupted stock market data since 1802?

西格尔使用的数据始于1802年...,你们想想现在有多少的国家,存有从1802年以来,股票市场的完整数据呢

耶鲁公开课 - 金融市场课程节选

Now, I can set the price of a stock.

现在，我可以决定一个股票的价格了。

麻省理工公开课 - 计算机科学及编程导论课程节选

I was going to talk about a stock dividend and I started to do that.

现在继续探讨股票股利的问题

耶鲁公开课 - 金融市场课程节选

That term was actually coined by economists, Prescott and Mehra; it's now in general use. That is, it just seems that stocks so much outperform other investments.

这个术语是由经济学家,普雷斯科特和梅拉提出,现在被广泛引用,这表明股票收益远超其他投资

耶鲁公开课 - 金融市场课程节选

If you own stock-- we don't get them in the mail anymore because you own it through some brokerage account and you get it on a website.

如果你有股票...,我们现在不通过挂号信了,因为人们都通过经纪人账户,在网站上购买股票

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

Now, there's the other side of the stock going up and we have to think about how much that can cost us and whether our coupons are enough and whether the difference between the $.60 that we paid is apt to cover that.

现在，如果相反，股票价格上升,那么我们必须考虑这会花费我们多少,以及我们的票息,和我们付出的0。60美元的价格和,是否能够恰好冲抵它。

耶鲁公开课 - 金融市场课程节选

I'll draw something from the distribution, so this is interesting, distribution I'm now calling self dot distribution, and remember this will be different for each stock.

我会从分布中读取一个值，这就是有趣的部分，我现在会调用self。,请记住每只股票都是不一样的。

麻省理工公开课 - 计算机科学及编程导论课程节选