The options are a very useful technology for managing risks and I think that we'll see a rapid--Over the next few decades, we'll see rapid expansion in the scope of options contracts traded on the exchanges.

期权是管理风险的,一个非常有用的技术,我认为在往后的几十年,交易市场上,我们将会看到期权合同的迅速发展

耶鲁公开课 - 金融市场课程节选

One of them, played by Orson Welles, is in a black market racket in Vienna and is making a living doing something very bad in the black market.

其中由，Orson，Welles，扮演的，一位活跃于维也纳的黑市勾当,生计主要是靠在黑市中,从事非常卑鄙的交易。

耶鲁公开课 - 政治哲学导论课程节选

That's not a way that we really think about it, but I do believe that the risk level of the University's portfolio is really quite low in statistical terms -much lower than the risk level that you'd have if you had a traditional portfolio dominated by marketable securities.

这一般不是我们考虑的关键,但我相信,耶鲁投资组合的风险水平,在统计数字上是非常低的,远远低于,持有一个传统的可交易证券主导的,投资组合的beta系数

耶鲁公开课 - 金融市场课程节选