I think one of the most pervasive problems in the financial markets is investment with too short a time horizon.

我认为金融市场上,最为普遍的问题,就是投资期限太短

耶鲁公开课 - 金融市场课程节选

The loan-to-value ratio--well it's not so much the loan--the maturity was short and the balloon payment at the end that they changed.

贷款价值比率,不,就是期限太短了,期末大额偿还也是罪魁祸首

耶鲁公开课 - 金融市场课程节选

You see what the problem was: the mortgages were too short.

你看到问题了吧,抵押贷款期限太短了

耶鲁公开课 - 金融市场课程节选