在一个收益率为负的世界,持有黄金无需付出机会成本。
In a world of negative yields, owning gold has no opportunity cost.
短期债券利率只有0.5%,而十年期国债的收益率为可怜的4%。
Short-term rates are just 0.5% and ten-year government bonds yield a lowish 4%.
我找出股息收益率为2.9%或更高的股票,这也是10年期国债的利率。
I looked for stocks with a dividend yield of 2.9%, the current 10-year Treasury rate, or higher.
The difference between the average return for colleges and universities and Yale's returns has added $14.4 billion dollars to the University's coffers.
其他高校的平均收益率,与耶鲁的收益率的差距,为耶鲁财政增加了144亿美元
The return he got from 1996 to 2006 was 17% a year on investments.
从1996到2006,他的个人投资收益率为一年17%
So, we should use that, but people in finance resist using that because it's a lower number and when you're advertising your return you want to make it look as big as possible.
所以我们应该用这个指标,但金融界反感使用几何平均,因为它比其他平均数都来得小,他们为自己的收益率做广告时,当然希望数字越大越好
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