• I think the simplest way to understand Modigliani-Miller proposition is the following: imagine that we, as a board, decided to pay a dividend of $5 a share.

    理解莫迪利阿尼和米勒命题,最简单的方式是,假设我们构成了一个董事会,决定以每股5美元的比例发放股利

    耶鲁公开课 - 金融市场课程节选

  • We should be able to use nucleus accumbens activation to predict the people that are more likely to take risks, cause they see the upside of that risky proposition more.

    我们会利用伏隔核的活动,来预测那些更喜欢冒险的人的选择,因为他们往往能从风险中发现机遇。

    斯坦福公开课 - 7个颠覆你思想的演讲课程节选

  • A casino does not have a risk that the law of large numbers will be repealed and a roulette table will be a long-term losing proposition or a craps table will be a long-term losing proposition.

    一个赌场不会有,大数定理被替代,或者轮盘赌和,双骰赌博会是长期亏本买卖的风险。

    耶鲁公开课 - 金融市场课程节选

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