It's a very important observation in finance that returns on a lot of speculative assets have fat-tailed distributions.

在金融界中，这是一种重要的观测方法，许多投机性资产的收益，都是服从长尾分布的。

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But they can finance their deficit by selling existing US and European assets.

但是，他们可以通过出售现有的在美国和欧洲的资产来弥补其赤字。

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If ge's industrial businesses fell short of the mark, the company's finance arm would stage a last-minute sale of assets to close the gap.

如果GE的工业部门未能达到预期目标的话，GE金融便会利用资产的清仓出售来缩小这个差距。

youdao

It's a very important observation in finance that returns on a lot of speculative assets have fat-tailed distributions.

在金融界中,这是一种重要的观测方法,许多投机性资产的收益,都是服从长尾分布的

耶鲁公开课 - 金融市场课程节选

Slow to sniff trouble at Enron, retail investors suffered when fund managers sold liquid assets to finance withdrawals from better-informed institutional investors, leaving individuals stuck with mostly illiquid paper.

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