It will be about the securities market line, about the beta, about the mutual fund theorem, and it will also be about institutions that we have--about investment companies and their management.

证券市场的风险线,beta系数,共同基金定律,还有当下的一些金融机构,包括投资公司,以及他们的管理

耶鲁公开课 - 金融市场课程节选

We'll come back to this, but beta of the stock is a measure of how much it moves with the market and the alpha of a stock is how much it outperforms the market.

回到原先的话题,beta用以衡量,本公司跟随市场变化的程度,alpha衡量超过市场的表现

耶鲁公开课 - 金融市场课程节选