The idea is that people don't see this basic risk management problem and they see things in entirely different terms.

该思想的关键在与人们并没有看到,其中本质的基本风险管理问题,而是站在完全不同的角度去看问题。

耶鲁公开课 - 金融市场课程节选

If you go to look at congressional discussion of tax rates, you won't see risk management mentioned very often.

如果你看过国会有关税率的讨论，就会发现“风险管理“出现的频率并不高。

耶鲁公开课 - 金融市场课程节选

My management doesn't ask me what I'm doing in here, all right? They don't know.

我的管理部门没有问我在课堂上做什么，他们根本不知道。

麻省理工公开课 - 固态化学导论课程节选

We have a good system in taxes, but it's imperfect because it hasn't been thought out thoroughly in terms of risk management.

我们有很好的税收制度，但它并不完善,因为它并非完全从风险管理的角度,经过考量而得出的。

耶鲁公开课 - 金融市场课程节选

We can't just smash things and start all over, we have to design a system of risk management.

而不是简单地打破一切再重新来过，我们应当设计一个好的风险管理体系。

耶鲁公开课 - 金融市场课程节选

The management might say, well what do you mean we didn't lose any money this year?

管理人员会说,今年我们没有赔钱是什么意思

耶鲁公开课 - 金融市场课程节选

The management doesn't care what I say in terms of chemistry.

管理部门并不关心,关于化学我说了什么。

麻省理工公开课 - 固态化学导论课程节选

Because the financial risk management system that we have is imperfect, we aren't there yet.

因为我们的金融风险管理体系,存在缺陷，还并不完善。

耶鲁公开课 - 金融市场课程节选

I was just yesterday-- I gave a talk in Montreal at the Caisse de Dep?t,et Placement du Quebec, which is the big wealth management fund for the Province of Quebec.

昨天，我刚在蒙特利的魁北克储蓄投资集团,做了一个讲演，这个投资集团是魁北克省的,一所大型财产管理基金机构。

耶鲁公开课 - 金融市场课程节选

They don't understand the risk management function of it.

人们没有意识到其所起的风险管理职能。

耶鲁公开课 - 金融市场课程节选

So, Andrew Redleaf bought General Motors bonds, which were selling at a discount because people worry that General Motors wouldn't be able to pay on them, and then he asked to speak to the General Motors management.

安德鲁·莱德利夫买了通用汽车的债券,这个债券是以折扣价购买的,因为人们担心,通用汽无法偿付债券,莱德利夫接着要求,与通用汽车公司的管理层会面

耶鲁公开课 - 金融市场课程节选

It doesn't work so easily to share with those people along the lines that these communities--I think these communes tend to emphasize a social compact, a feeling for each other, a caring for each other, which is a lovely thought but it doesn't achieve risk management on a big scale.

但要实现跟满足这些条件的人分摊风险,绝非易事,这些共同体。。。我指这些公社,倾向于强调一种社会凝聚力，一种人与人的深情和关怀，这个想法听上去很美,但无法实现大规模有成效的风险管理。

耶鲁公开课 - 金融市场课程节选

We couldn't--Petters and Whitebox actually did not disagree, but the--Whitebox got completely disillusioned with management and wasn't--so we sold our stake to Petters.

我们不能够-皮斯特公司和whitebox公司,实际上同意，但是Whitebox公司对管理完全不再抱幻想,所以我们把股份卖给了皮斯特公司。

耶鲁公开课 - 金融市场课程节选