I think market timing,as I've defined it, has to do with short-term deviations from your long-term policy targets.

正如我之前定义的,市场时机选择,是偏离长期策略目标的,短期操作

耶鲁公开课 - 金融市场课程节选

What they did instead of just-remember the Federal Funds Rate is a target interest rate that the Fed attempts to hit through buying and selling treasury bills in the U.S. or in other countries buying and selling government bonds to affect the market.

他们真正做的事-记住,联邦资金利率是,美联储试图通过在美国,买进和卖出国库券,或在其他国家买进和卖出政府债券,来影响市场的目标利率。

耶鲁公开课 - 金融市场课程节选

But focusing on things that are sustainable and scalable so that when we launch more schools or go into the next market or whatever we do, we're going to set ourselves up to have the same success that we've had without hurting our self in the current position.

还要关注可持续发展的事物,以及规模容易扩大的事物,当我们向新的学校扩展时,或是进军新市场时，目标就是获得,跟以前一样的成功,并且不破坏现有的水平。

斯坦福公开课 - 扎克伯格谈Facebook创业过程课程节选