Its name is malloc for memory allocation and what malloc does for us is we say, hmm, the user has typed in a three-letter word.

它为我们分配内存地址,它为用户输入的3个字母单词,分配地址。

哈佛公开课 - 计算机科学课程节选

How can asset allocation be responsible for more than 100% of investment returns?

资产配置怎么能决定,100%以上的投资回报

耶鲁公开课 - 金融市场课程节选

Well, if you look at the annual reports of their asset allocation, in June of 1987, their equity allocation was higher than it had been for fifteen years.

如果你去看看,他们那时候的资产配置年报,1987年6月,权益资产的比重,达到15年来的最高点

耶鲁公开课 - 金融市场课程节选

So, it's not surprising that asset allocation explains more than 100% of returns and that, for the community as a whole, market timing and security selection are costly and lower the community's aggregate investment returns.

因此资产配置能解释100%以上的回报,也不足为奇了,对投资者整体来说,市场时机选择,和证券选择是有代价的,降低了总的投资回报

耶鲁公开课 - 金融市场课程节选