We have to make finance work for real people, so for me that meant understanding human frailties and understanding human psychology to make things work.

金融必须服务于现实中的人们,对我也是一样,于是就要了解人性弱点,了解人们的心理,这样才能对症下药

耶鲁公开课 - 金融市场课程节选

The problem, of course, with the democratization of finance is that if you raise the participation in financial markets, then you bring in people who are: less and less knowledgeable; less and less understanding of concepts of finance; and less capable and more vulnerable to exploitation.

问题在于,随着金融的民主化,越来越多的人参与到金融市场里来,有些人,受教育程度较低,对金融概念不了解,没有专业能力且容易被人利用

耶鲁公开课 - 金融市场课程节选