We think that the more interesting investment opportunities are kind of outside of the mainstream with more entrepreneurial firms and ones that might have less traditional backgrounds.

我们觉得回报更佳的投资机会,并不在那些已经饱和的,主流投资领域中,而可能在那些不那么传统的新兴领域

耶鲁公开课 - 金融市场课程节选

It's not just taking what's given by the insurance company.

而不局限于保险公司的既定投资计划

耶鲁公开课 - 金融市场课程节选

We have democratized -Now, REITs are a rapidly growing force in investing and now we have substantially democratized real estate holdings so it's not exclusively DPPs that are holding -not primarily--we have a lot of REITs now.

房地产投资已经公众化了,投资领域中的REITs正蓬勃发展,使得房产投资从根本上来说,公众化了,而不像DPP具有排他性,现在REITs数量众多

耶鲁公开课 - 金融市场课程节选

These DPPs go back a long time but there began to be complaints about them because people said, well why is it, because I'm not an accredited investor, I can't get into real estate like these other people do?

PP由来已久,但现在人们开始抱怨,他们说,我不是可信投资者,为什么仅凭此门槛,而不让我像别人一样投资商业地产呢

耶鲁公开课 - 金融市场课程节选