• That's a brilliant market timing device that-- I think enlightened people thought that those prices were getting high-- and also made some play on credit spreads and now on real estate, he said.

    这个决策的市场时机非常正确,有见识的人都觉得,那时网络股的价格太高了,他们也参与了信用利差交易,现在又转向了房地产

    耶鲁公开课 - 金融市场课程节选

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