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
When I would have to sit and talk to Mike, there would have the vision thing going that are you seeing better .
当我有机会和他坐在一起促膝而谈时,我问他,你看东西好些了吗。
Hawthorne wrote a short story you should read sometime, as a balance to all of this optimism of this period, irresistible as that optimism was.
霍桑写了篇短文,有机会你应当读读看,他给那个狂热乐观主义时代打了一针清醒剂,因为那是种不容抗拒的乐观
There will be no war in a couple of years uh..If you look at the stimulus package, the one thing it is not done is stimulating.
未来几年将不会有发战争财的机会,呃,如果你看刺激计划,它没有做到的一件事情就是刺激市场。
We'll look at things--sectors say they're cheap or expensive and exploit the opportunity; but at least in terms of how I define market timing, it wouldn't be included in that definition.
关注研究资产和行业的细节,看它们是便宜了还是贵了,来发掘投资的机会,但至少在我所定义的市场时机选择方面,并不包括这些
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