然而，他愿意面对困难是有代价的。

His willingness to face hardships came at a cost, however.

youdao

好奇往往是有代价的。

Curiosity often comes with a cost.

youdao

秘密是有代价的。

Secrets have a cost.

youdao

I think it was in tens of billions of Euros; it was huge.

我想损失有数百亿欧元,代价沉重

耶鲁公开课 - 金融市场课程节选

So, cognitive dissonance will lead you then to think that what you are giving it up for has some value and then you establish a liking for it.

这样认知失调就会让你想到,你为之付出代价的东西一定是有价值的,然后你就会喜欢上它。

耶鲁公开课 - 心理学导论课程节选

So, it's not surprising that asset allocation explains more than 100% of returns and that, for the community as a whole, market timing and security selection are costly and lower the community's aggregate investment returns.

因此资产配置能解释100%以上的回报,也不足为奇了,对投资者整体来说,市场时机选择,和证券选择是有代价的,降低了总的投资回报

耶鲁公开课 - 金融市场课程节选