What I think the mutual fund industry has turned into, largely, is a stock picking industry, not a portfolio diversification industry.

我认为,共同基金行业在很大程度上,已经演变成选股行业,而非投资组合多样化行业

耶鲁公开课 - 金融市场课程节选

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

耶鲁公开课 - 金融市场课程节选

Now many of us are not investors or at least would like to avoid investing with myself included But in the most, this is the most ubiquitous economic decision out there.

我们中许多人都不是投资者,或至少像我一样不想涉及到投资行业里面,但在大多数情况下，这却是经济决策中最普遍的。

斯坦福公开课 - 7个颠覆你思想的演讲课程节选

It's a very important industry and it's also one in which many of our students have found jobs, so I think it's important for us to try to understand the history of investment banks, the role they have in our financial community, and how they're regulated.

投资银行是一个非常重要的行业,我们许多学生都在投资银行工作,我们需要,了解投资银行的历史,在我们金融业扮演的角色,以及人们如何监管投资银行

耶鲁公开课 - 金融市场课程节选