If you're investing with a long time horizon, having an equity bias makes sense; stocks go up in the long run.

如果进行长线投资,且存在股权偏好,那么从长期看,股票是上涨的

耶鲁公开课 - 金融市场课程节选

A lot of people have the impression that home prices only go up and that they're a wonderful investment.

大多数人都觉得,房价始终是上涨的,而且房屋是理想的投资项目

耶鲁公开课 - 金融市场课程节选

Relative to the whole market, It's well known that over periods of multiple decades the market has a tendency to go up.

是和整个市场相关的对吗，我们都知道经过几十年的时间周期,市场会有上涨的倾向。

麻省理工公开课 - 计算机科学及编程导论课程节选

My first question is, to what extent can investors like us adopt your strategy of buying cheap ? and expecting the value of a company to go up?

第一个问题是，在什么情况下像我们这样的投资者,才能采纳您“低点买入,期待上涨，高价卖出“的策略呢？

耶鲁公开课 - 金融市场课程节选

You could think, you have to think earnings are going to go up twelve-fold to get it down to four times earnings, which will take a long, long time.

你可能会想，你必然认为收益会上涨12倍,让它回落到四倍于原来收益的地方，会花费很长一段时间。

耶鲁公开课 - 金融市场课程节选

It must have been that they somehow knew on the issuance date that the stock price was going to go up, but he said they couldn't possibly know that in these general circumstances.

这一定是,他们在发放期权的当日就知道,股价将要上涨,但是李认为在正常情况下,他们是不可能知道的

耶鲁公开课 - 金融市场课程节选

If stock price option -if stock options tend to be issued as announced by the company later, just before stock prices go up, there's no way that that can be right because nobody can know exactly when the stock price is going to go up.

如果股票期权价格...,如果就像公司事后宣称的一样,公司恰好是在股价上涨之前,发行的股票期权,这是不可能做到的,因为没有人可以确切知道,股票价格何时会上涨

耶鲁公开课 - 金融市场课程节选