I don't believe that markets are efficient and it doesn't really seem like it should be an open question.

我不相信市场是有效的,而且事实上这似乎,也不应该是一个开放式的问题。

耶鲁公开课 - 金融市场课程节选

I don't think they are efficient and this is an example -a Redleaf example.

我不认为市场是有效的,这儿有一个现成的例子,莱德利夫的例子

耶鲁公开课 - 金融市场课程节选

The ones who would seek out calories, the ones who could store and not waste energy, those with an efficient metabolism-- that is those people who took in calories and banked them into their body fat and stored against subsequent famine-- are the ones who would do the best under these circumstances.

那些寻找能量的人,那些储存而不浪费能量的人,那些有着高效代谢系统的人,那些人可以将摄入的热量储存为机体脂肪,以用于对抗即将到来的饥荒,在早先的情况下他们是最适应环境的

耶鲁公开课 - 关于食物的心理学、生物学和政治学课程节选

In that process there is a metabolic engine at work, and some people have an efficient engine so that the calories in get banked in the fat, other people have an inefficient engine, that is the calories get wasted as body heat and things like that, and they tend not to gain weight.

这过程中人体内有个工作着的代谢引擎,有些人的代谢引擎效率很高,热量便转化为脂肪储存起来,另一些人的效率低下,能量就以体温等形式被浪费了,因此他们就不容易发胖

耶鲁公开课 - 关于食物的心理学、生物学和政治学课程节选