I think one of the most pervasive problems in the financial markets is investment with too short a time horizon.

我认为金融市场上,最为普遍的问题,就是投资期限太短

耶鲁公开课 - 金融市场课程节选

There was sort of an economic takeoff in the 1850s and '60s in Paris because the State banks are in Paris, the State financial institutions are in Paris, and they can make or break investment in all these places.

在十九世纪五十至六十年代的巴黎,有了一次经济的腾飞,因为国家银行设在了巴黎,国家金融机构在巴黎,这些机构可以设立或取消全国的投资

耶鲁公开课 - 1871年后的法国课程节选

It's a very important industry and it's also one in which many of our students have found jobs, so I think it's important for us to try to understand the history of investment banks, the role they have in our financial community, and how they're regulated.

投资银行是一个非常重要的行业,我们许多学生都在投资银行工作,我们需要,了解投资银行的历史,在我们金融业扮演的角色,以及人们如何监管投资银行

耶鲁公开课 - 金融市场课程节选