Small-cap stocks are tougher to price than large-cap stocks, so there's a 4.7% differential, first to third quartile.

小盘股比大盘股更难定价,第一和第三个四分位数的差距有4.7%

耶鲁公开课 - 金融市场课程节选

Then as you move out to the equity markets where it's harder to price things as efficiently--large-cap stocks -there are two-fold percentage points,first to third quartile.

如果你转而观察,难以有效定价的市场,比如大盘股,第一和第三个四分位数相差2个百分点

耶鲁公开课 - 金融市场课程节选

Here's one climbing out of the pool: First her face appeared, long and cadaverous, with a bandage-like bathing cap coming down almost to her eyes, and sharp teeth protruding from her mouth.

有一个女人从游泳池中出来了，首先是她的脸，修长,而惨白，如绷带般的泳帽从她的头部,耷拉到她的眼睛，锋利的牙齿从她的口中突出。

耶鲁公开课 - 1945年后的美国小说课程节选

The New York Times says the legislation falls far-short of many European governments and many environmentalists said it needed it What does Thomas Sowell has to say about the cap and trade legislation?

纽约时报评论说这项立法,远远比不上许多欧洲政府，“,许多环保人士说需要的额度,托马斯，索尔对此,总量控制与交易立法以为何如？

斯坦福公开课 - 经济学课程节选

At some point, when your dollars were turning into dimes, you'd say, forget this, this is ridiculous, it doesn't make any sense for me to own these risky small-cap stocks.

当一块钱变成一毛钱,你会说,得了吧,这太荒谬,持有这些高风险的小盘股,对我而言没什么好处

耶鲁公开课 - 金融市场课程节选

you tell me you believe American people should understand about each, We talked about stimulus, and you argues that it is not simulative at all, the cap and trade global warming bill passed the house in late June and now move to the Senate.

您说过,您认为美国人,应该彼此理解，我们讨论了刺激计划，您说刺激没有效果，全球变暖总量控制与交易法案,今年六月刚在众议院通过,现正在参议院审议中。

斯坦福公开课 - 经济学课程节选