在持有某种资产的现实而长期的风险被普遍低估的同时，泡沫成了一段时间里极度被夸大的乐观。
Bubbles are prolonged periods of excessive optimism where the true longer-term risk to holding particular assets is generally underestimated.
我们认为辉山资产负债表的资产方面由于欺诈性利润和现金，高估的生物资产和某些高度可疑的资产账户而被大量夸大。
The asset side of Huishans balance sheet, in our opinion, is massively overstated due to fraudulent profits and cash, overvalued biological assets, and certain highly suspicious asset accounts.
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