Yet he tells us Covestor remains a private company after a few years because it is still too risky for most investors.

VOA: special.2011.01.07

At some point, when your dollars were turning into dimes, you'd say, forget this, this is ridiculous, it doesn't make any sense for me to own these risky small-cap stocks.

当一块钱变成一毛钱,你会说,得了吧,这太荒谬,持有这些高风险的小盘股,对我而言没什么好处

耶鲁公开课 - 金融市场课程节选

All right, so this gentleman is saying... There's no dominant strategy so - Right, so this gentleman's saying, a good reason for choosing Alpha in this game is it's less risky.

很好,他说,这里没有优势策略 所以,没错,他说,选α是因为这样做风险更小

耶鲁公开课 - 博弈论课程节选