I wrote this book in 2000 right at the peak of-- fortunately right at the peak of the stock market.
我2000年写这本书的时候,当时希勒教授在书中提醒投资者注意泡沫风险 股市正处于最高点 2个月后此预言果然应验
But what I'm assigning to you is the second edition, which came out in 2005, pretty much at the peak of the housing market.
但是我指定你们去读的,是2005年出的第二版,那时候房地产市场正位于高点
This is the framework in which the then most prominent intellectual in France writes an essay at the very peak of the student uprising, entitled "What is an Author?"
后来法国最杰出的知识分子,在学生起义时写过一篇名为“作者是什么?“的文章,其指导思想就是这个“
For every dollar that you had in small stocks at the peak of the market, by the end of 1929, you lost 54% of your money.
崩盘前市场达到峰值时,投在小盘股里的每一分钱,到了1929年底,都会损失54%
We had a similar, even higher price-to-earnings ratio of about forty-six at the peak in 2000 and it corrected way down.
000年时我们的市盈率甚至更高,达到了46,后来经过修正降低了
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