So that staggering amount of money then impairs the fund managers' ability to continue generating excellent returns, but they can stay in business and collect the fees that they get for having this huge pile of money.

于是这巨额的资金,会削弱基金经理,持续创造高收益的能力,但经理们依旧能保住饭碗,一如既往地从巨额资金中获得佣金

耶鲁公开课 - 金融市场课程节选

They said, it's not going to work because you have to decide how much the house is insured for and then anybody--If you ever make a mistake and you insure it for too much, then the people who realize they've got one on the insurance company-- they've insured the house for more than it's worth-- they'll burn down their house and collect the money.

他们说，火险根本无法实施,因为你必须判断,这房子的保价是多少,一旦你出现了一些失误,保价评估得过高，那些意识到他们可能会从,保险公司赚利的人们-,即保险公司的保价高于房子的实际价值-,他们就会烧掉自己的房子来赚钱。

耶鲁公开课 - 金融市场课程节选