I wrote this book in 2000 right at the peak of-- fortunately right at the peak of the stock market.

我2000年写这本书的时候,当时希勒教授在书中提醒投资者注意泡沫风险 股市正处于最高点 2个月后此预言果然应验

耶鲁公开课 - 金融市场课程节选

If you were a Chinese investor in Chinese stocks in 1949, what happened?

如果你是位中国投资者,1949年在股市上投资,结果如何

耶鲁公开课 - 金融市场课程节选

The title of the book, Stocks for the Long Run-- stocks always outperform other investments for the long run and he says it's not due to selection bias.

书名是为《股市长线法宝》,长期投资中股票总是比其他资产有更高的收益,他认为他在研究中排除了选择性偏差

耶鲁公开课 - 金融市场课程节选

We were five years into this bull market and people were getting excited about the fact that stocks were going up and equity allocations were at a fifteen-year high.

历经五年牛市,人们越来越兴奋起来,股市持续攀升,权益投资达到了15年来的最高点

耶鲁公开课 - 金融市场课程节选

When the stock market is going up they think that -they increasingly think that the stock market is just the best investment, until when it starts falling, then they start retracting from that.

当股票市场上行时,越来越多的人会觉得,股票是最佳投资选择,而当股市下跌时,人们纷纷从股市中撤出

耶鲁公开课 - 金融市场课程节选