Investment banks are very different in that a pure investment bank does not accept deposits and it doesn't make loans; it's an underwriter for securities.

投资银行是完全不同的,单纯的投资银行既不吸收存款,也不发放贷款,投行是证券承销商

耶鲁公开课 - 金融市场课程节选

That people--they develop some investment strategy and through pure chance it does well.

人们制定了一些投资策略,一些策略的投资效果碰巧十分有效

耶鲁公开课 - 金融市场课程节选