Well, it can only be true if security selection and market timing detract from institutional returns or individual returns in the aggregate.

唯一的可能性就是证券选择,和市场时机选择,给机构和个人带来的是负的回报

耶鲁公开课 - 金融市场课程节选

We tend to think of the separation of powers doctrine as necessary for the security and liberty of the individual ? don't we?

我们倾向于,将分权原理想成是,个人安全与自由的必备条件,不是吗？

耶鲁公开课 - 政治哲学导论课程节选

We usually think of individual freedom and security as the purpose of the separation of power.

我们通常认为,个人自由与安全,是分权的目的。

耶鲁公开课 - 政治哲学导论课程节选