• This is incredibly important because,when you look at this number that we started out with,saying the benchmark was 9.9 but net of fees the managers on average only lost thirty basis points--or .3% -you'd say,well that's a game I don't mind playing.

    这极其重要,因为当你看这些数字时,刚才说过基准收益是9.9%,但是主动管理型基金经理人的平均净利润,只落后了30个基点或者说0.3%,你可能会说这个游戏,我不介意玩一玩

    耶鲁公开课 - 金融市场课程节选

  • I personally don't like swings that much and it's the B-/B+ range, so I'd much rather prefer that to a swing from A to C, and that's my reason.

    我不喜欢成绩波动很大的,比如B-/B+这个范围,所以我还是喜欢像A到C这样小点的,这就是我的原因

    耶鲁公开课 - 博弈论课程节选

  • I don't know if it actually mentions the internet but it's--the Regulation F.D. basically says that whenever a company announces information it has to be available almost instantly to everybody in the market.

    我不确切F.D.条例是否涉及网络,但F.D.条例要求,任何一家上市公司对外发布公告,那么这条消息就必须,即时传达到市场上,告知每一个人

    耶鲁公开课 - 金融市场课程节选

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