It emphasizes the long run performance of the stock market, but it's really a general treatise of financial markets.

虽然这本书着重于股票长期投资,但它其实是一本关于金融市场的综合性著作

耶鲁公开课 - 金融市场课程节选

Those are institutions that arrange for or manage the buying and selling of financial assets, such as the New York Stock Exchange.

经纪机构是指那些安排或,管理买卖的,金融资产的机构,比如说纽约股票交易所

耶鲁公开课 - 金融市场课程节选

In general, less volatile stocks have done better over time than more volatile stocks, which is somewhat inconsistent with the notion of efficient markets.

一般来说，波动小的股票在长期内比波动大的股票,表现要好，一定程度上,这和金融市场有效论的观点是相悖的。

耶鲁公开课 - 金融市场课程节选

Of course, other stocks are held by institutions on their behalf, but in terms of direct ownership, homes are the main thing that people own.

当然,他们还通过金融机构,间接持有股票,但从直接持有的角度来看,人们拥有的主要财产就是住宅

耶鲁公开课 - 金融市场课程节选

The stock market crash in 1929 caused tremendous chaos in the financial markets.

929年股票市场的坠落引起了金融市场,巨大的混乱。

耶鲁公开课 - 金融市场课程节选

One is that -there's a literature in finance about options and stock price performance, which goes back ten years, that shows that something is not quite right with the way companies issue options.

其中之一是,有一部关于期权与股票价格表现,的金融文献,讲述的是十年前,关于公司发行期权的,一些不太正确的做法

耶鲁公开课 - 金融市场课程节选