So what I want you to start thinking about is: do you believe this model?
我想让你们应该考虑下,你相信这个模型吗
and making it clear that you want to know what they believe, what their opinion is
清楚地表明你想知道他们想什么,他们怎么看,
To help you know sort of ahead of time quickly what those views are, I want to start by describing a set of views that many of you probably believe.
让你们稍微提早点儿知道,那些观点是什么,我想要从描述它开始,可能你们有些人会相信。
I'll let you read Siegel and his discussion of this possibility, ... but I think that-- what I want to get now is not necessarily any agreement on whether you believe that there's such a high excess return for stocks.
我会要求你们读西格尔的书,以及他对这种可能性的讨论,但是我认为-,你们并不需要,同意炒股的收益,远远高于其他的投资方式。
It's worth saying a word about that, because I want to undermine any great confidence that you may have and what you can believe that scholars tell you, because we keep finding out how wrong we are about all kinds of things.
这里得说的是,我想给自信满满的家伙泼点儿冷水,你曾深信不疑的学者们告诉你的那些事,不断被发现,并在很多问题上都存在纰漏
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