People were pulling money out of banks because they feared that if the bank failed, then they would lose their money; it created a huge crisis in 1933.

人们纷纷从银行提取现金,因为他们担心,万一银行破产,他们就会血本无归,这种情况导致了1933年经济危机

耶鲁公开课 - 金融市场课程节选

They would rather lose - because they're sort of screwing around than- they could put out their best game and they would do better, but they might lose anyone given its, sort of, randomness.

他们宁愿因为,自己有点胡来而输掉-,因此他们可以玩出他们最好的技术,而且他们可以做得更好，但是他们也可以因为一定的随机性输给任何人。

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