• And anything beyond that you kind of lose it. I think that we've all had that experience sitting in college where you can be with the professor for about 10 or 15 minutes and then you kind of lose it."

    VOA: standard.2010.03.26

  • Maybe on average institutions lose thirty basis points, but it's kind of Lake Wobegon, where we all believe that we're better than average, so we're going to overcome that thirty basis points -that's not such a big hurdle.

    可能平均每个机构都会落后30个基点,这就有点像沃比冈湖效应,大家都觉得自己能高过市场平均水平,30个基点会赶上的,不算什么大的差距

    耶鲁公开课 - 金融市场课程节选

  • All the groups that stand to win or lose from it are all figuring out what it does to them and they're taking the positions out of self-interest So, I wanted to write something that was more perspicacious if I could manage that.

    所有人无论赞同或者不赞同这个改革,都试图搞清楚这个改革对他们将有什么影响,从自身利益来讲,想搞清楚他们究竟能得到什么,所以,如果我可以的话,我更希望我能写一些独具慧眼的东西。

    耶鲁公开课 - 金融市场课程节选

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