You said,if we invest in real estate The question is how we've dealt with decline in housing prices.

您提到过,耶鲁也有地产投资,提问是,我们是怎样应对房价下跌的

耶鲁公开课 - 金融市场课程节选

I'm going to start out by talking about commercial real estate and the kind of vehicles that we use to invest in commercial real estate.

接着我会讲一下商业地产,以及投资于商业地产的,一类金融机构

耶鲁公开课 - 金融市场课程节选

Another way of putting it, the government is effectively saying that unaccredited investors are free to invest in corporations that invest in real estate and they're subject to the corporate profits tax.

换句话说,实际上政府允许,非可信投资者自由投资,那些投资房地产的公司,只是他们必须上缴公司所得税

耶鲁公开课 - 金融市场课程节选

The market portfolio is, if you took all the stocks and bonds, and oil, and real estate, anything that's available to invest in, in the whole world, put them all together in one portfolio.

市场组合则是，假设你在全世界范围内购买了所有，能够投资的股票，债券，石油和房地产，将他们放在同一个投资组合里。

耶鲁公开课 - 金融市场课程节选