如果你进行长线投资，存在股权偏好是合理的，那么从长期看，股票是上涨的。

If you're investing with a long time horizon, having an equity bias makes sense, stocks go up in the long run.

youdao

对大多数长线投资者来说，这是唯一合理的目标。

This is the only rational objective for most long-term investors.

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市场人士说，抛售压力来自长线投资者，比如退休基金、银行和保险公司。

Market participants said the selling pressure came from long-term investors, such as pension funds, banks and insurers.

youdao

If you're investing with a long time horizon, having an equity bias makes sense; stocks go up in the long run.

如果进行长线投资,且存在股权偏好,那么从长期看,股票是上涨的

耶鲁公开课 - 金融市场课程节选

The stock market is the best investment for long-term holders who can just buy and hold through the ups and down of the market."

对于那些能在股票市场的跌宕起伏中,一直持股的长线投资者而言,股票市场是最佳的投资

耶鲁公开课 - 金融市场课程节选

The title of the book, Stocks for the Long Run-- stocks always outperform other investments for the long run and he says it's not due to selection bias.

书名是为《股市长线法宝》,长期投资中股票总是比其他资产有更高的收益,他认为他在研究中排除了选择性偏差

耶鲁公开课 - 金融市场课程节选