And to the extent that they help make markets efficient, I do think they help the world. I do sort of agree.
而且一定程度上,他们使市场更有效,我的确认为他们帮助了这个世界,我的确是同意的。
In general, less volatile stocks have done better over time than more volatile stocks, which is somewhat inconsistent with the notion of efficient markets.
一般来说,波动小的股票在长期内比波动大的股票,表现要好,一定程度上,这和金融市场有效论的观点是相悖的。
the notion that markets are efficient which is the same sort of theory about all markets.
市场是有效的观点,The,efficient—,这一理论其实一定程度上适用于所有的市场。
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