Well, it can only be true if security selection and market timing detract from institutional returns or individual returns in the aggregate.

唯一的可能性就是证券选择,和市场时机选择,给机构和个人带来的是负的回报

耶鲁公开课 - 金融市场课程节选

And doesn't Hobbes' materialism and his sort of mechanistic theory of nature seem to detract from any inherent worth ? of the individual?

难道霍布斯的唯物主义和,他的自然的机械理论,似乎有损于,个人的价值吗？

耶鲁公开课 - 政治哲学导论课程节选