Or are you going to manage each individual asset class actively, trying to beat the market and generate risk-adjusted excess returns?

还是积极管理每项资产,力求获得市场水平以上的回报率,以及风险调整后的超额收益

耶鲁公开课 - 金融市场课程节选

So, there had to be more to it than just identifying the high-risk asset class and putting your assets there and letting it rip.

因此,投资远不仅仅是,识别高风险资产,投资其中,然后就放任自流

耶鲁公开课 - 金融市场课程节选