她们谈论的都是金钱，风投，汇率。

They talked about money, venture capitalism, the exchange rate.

youdao

首先，总体风投活动没有下降。

First, overall venture capital activity is not decreasing.

youdao

风投对于企业的风险管理很在行。

VCs are really in the business of risk management.

youdao

You want to spend your time and energy pursuing the most inefficiently priced asset classes because there's an enormous reward for identifying the top quartile venture capitalist and almost no reward for being in the top quartile of the high- quality bond universe.

你应该投入所有的时间和精力,去追逐最不能有效定价的资产,因为在那里才能通过一流的风投经理人,获得巨额的投资回报,而在债券市场,即使债券优质,经理人一流,回报微乎甚微

耶鲁公开课 - 金融市场课程节选