Unencumbered by, I guess, the conventional wisdom, we started out at Yale on a path that I think is--fundamentally that changed the way that institutions manage portfolios.

抛开惯常思维和传统做法,我们在耶鲁开创了一条新路,一条我认为,从根本上,改变了机构投资管理方式的新路

耶鲁公开课 - 金融市场课程节选

the different states want corporations to register and therefore the rules are such that they protect the corporation with the poison pills I can't get into all these different things - -stagnant boards, poison pills- and I think if you just change some of that we could be like, for instance, England is much better.

每个州都想让自己的企业注册,所以现在的规则就是,各州都用毒药丸保护企业,我不能干涉所有的这些东西,-没有进步的管理层，毒药丸-,如果你愿意改变其中一些方面的话,我们就会像，例如，英国企业的情况比美国好多了。

耶鲁公开课 - 金融市场课程节选