Think about the advent of hedge funds -twenty or twenty-five years ago, hedge funds were a blip on the radar screen.

想想对冲基金刚出现时,差不多20或25年前,它就像雷达屏幕上的一个小点

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Over the last five, ten years there's been some work done on this.

在过去五，十年里,有人做了一些有关笑的研究。

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What that means is that you would borrow $5,000 to buy a house and in five years and every year along the way you'd be paying interest on your mortgage.

它的意思是,你借了5000美元去买一所房子,期限是五年,在这五年内,每年你要归还抵押贷款的利息

耶鲁公开课 - 金融市场课程节选