This is Economics 252, Financial Markets, and I'm Robert Shiller.

这是经济类252号课程,金融市场,我是罗伯特·希勒

耶鲁公开课 - 金融市场课程节选

Let's not say Microsoft, let's say Shiller, Inc.

不用微软了,就用希勒公司.吧

耶鲁公开课 - 金融市场课程节选

A funny coincidence is that since our names are close in the alphabet-- you often find our books right together in bookstores because Shiller and Siegel-- if they're shelving alphabetically-- would end up together.

巧合的是,因为我们的姓氏在字母表中排在一起,所以书店里常见到我们的书也摆放在一起,因为希勒和西格尔,如果书店按字母顺序摆放书籍的话,我们的书就会放在一起

耶鲁公开课 - 金融市场课程节选

Suppose that in a given year--and say this is minus five and this is plus five, this is minus five and this is plus five-- suppose that in the first year in our sample, the company Shiller, Inc. and the market both did 5%.

假设某一年...这里设为-5,这里+5,这是-5,这是+5,我们假设第一年中,希勒公司.和市场都获利5%

耶鲁公开课 - 金融市场课程节选

In that case, alpha is a measure of how much Shiller,Inc. outperforms.

这样的话,alpha就用以衡量,希勒公司.表现超过市场平均水平多少

耶鲁公开课 - 金融市场课程节选

Shiller and Siegel are next to each other in the alphabet, so I was standing in line with him for an x-ray and I got to talking with him and I've known him ever since.

希勒和西格尔按字母顺序是相邻的,所以我和他站在一起排队照X光,我们开始聊天,从此我就认识他了

耶鲁公开课 - 金融市场课程节选