Most people fled from hard assets.

大部分人都抛弃了硬资产。

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Hard assets have intrinsic value. You get what you pay for.

硬资产有内在的价值，你能够拿到实物。

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Furthermore, these assets are illiquid precisely because they are so hard to value.

此外，这些资产缺乏流动性完全是因为它们非常难以估值。

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In practice, however, natural assets are often hard to price well or at all.

但是，实际上，我们很难或根本无法给自然资产标上合适的价格。

youdao

In practice, however, natural assets are often hard to price well or at all.

但是，实际上，我们很难或根本无法给自然资产标上合适的价格。

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