Every risk management device relies on a design and the design is usually complex and has-- it all has to work together.
每种风险管理工具都是基于某种设计,而这种设计通常都是很复杂的,需要各部分相互之间的配合
Roger Ibbotson, who is a colleague of Bob Shiller's and mine at the School of Management, has done a fair amount of work, studying the relative importance of these sources of returns.
罗格·伊博森是,我和希勒在管理学院的同事,他在对回报率来源的研究上,做了大量的工作
Now, we're going to go back to Roger Ibbotson at the School of Management. He did some path breaking work in terms of describing capital markets returns over reasonably long periods of time.
先讲回到管理学院的罗格·伊博森,所进行的开创性研究,描述了在相当长的时期内,资本市场的收益情况
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