This is...isn't this an example of kind of thing that... ? a socialist would refer to as market failure?
莫非这正好验证了。,社会主义者关于资本主义市场失效的理论?
So finance and capital markets and real estate and I will be doing corporate.
它们是关于金融、资本市场和房地产方面的,而且我将要创业了。
Now, we're going to go back to Roger Ibbotson at the School of Management. He did some path breaking work in terms of describing capital markets returns over reasonably long periods of time.
先讲回到管理学院的罗格·伊博森,所进行的开创性研究,描述了在相当长的时期内,资本市场的收益情况
You start--Your human capital is your ability to do things and your knowledge, which is what you have to sell in the marketplace.
人力资本就是,你做事的能力以及你的知识,这些是你在人才市场上的资本。
Interestingly, most major markets around the world were off by a similar magnitude.
有趣的是,其他国家主要资本市场,要是出现这么大幅的暴跌就关门大吉了吧
I mean,this romantic notion of what goes on in Silicon Valley actually still holds true in a lot of cases but there's absolutely no way, as a venture capital investor, you could index the venture capital market.
比如,硅谷崛起的故事,实际上许多其他地方也有类似的例子,但是对于风险投资者来说,指数化风险资本市场,是绝对不可能的
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