每天至少有6个半小时，你都会对自己的聪明或愚蠢程度有一个实时的了解，而市场不会因投资者的经历、专业知识或净资产而加以区别对待。

For six-and-a-half hours a day, at a minimum, you get a real-time reading of how smart or idiotic you may be, and markets don't discriminate based on experience, expertise or net worth.

youdao

因此当股票投资者经历一年的苦痛，许多流通业的商人将告诉你他们过个相当不错的一年。

So while share investors had a year of pain, most currency traders would tell you that they have had a pretty good year.

youdao

我在风险投资业的经历表明，这一原则适用于任何能达成协议的陈述：比如，募集资本、推销、建立合作关系等等。

While I'm in the venture capital business, this rule is applicable for any presentation to reach agreement: for example, raising capital, making a sale, forming a partnership, etc.

youdao

Real Estate Investment Trusts became very important in three waves.

房地产投资信托基金,在经历三次发展浪潮后变得十分重要

耶鲁公开课 - 金融市场课程节选