This would be good luck if you were long and now suddenly you got a huge return that you would not have thought was possible since you've never seen it before.

如果你长期持有这份投资,你就走运了,回报如此之高,你自己都没有料到,可能你也从来没有见过这种情况

耶鲁公开课 - 金融市场课程节选

I have stocks, bonds, and oil but I want also to add one more final asset, we'll call it the riskless asset, long-term bonds are somewhat uncertain and variable because they're long-term.

有股票，债券和石油,我还想再增加最后一种资产，我们称之为无风险资产，由于长期债券持有期限很长,存在一定不确定性及风险。

耶鲁公开课 - 金融市场课程节选