来自《耶鲁大学开放课程：金融市场 第9集 第9集》
-
we started out at Yale on a path我们在耶鲁开创了一条新路 -
that I think is--fundamentally一条我认为 从根本上 -
that changed the way that institutions manage portfolios.改变了机构投资管理方式的新路 -
A few years ago,几年前 -
I wrote a book called Pioneering Portfolio Management.我写了《机构投资的创新之路》一书 -
The reason you could put an audacious title like我用这个大胆的标题 -
Pioneering Portfolio Management on the cover of the book原因是 -
was that we moved away from this traditional model我们已经从传统模式 -
with 50% in stocks and 40% in bonds and cash即50%股票 40%债券和现金 -
to something that was much more equity-oriented转变为更加倾向权益的 -
and much more diversified.和更加多样化的投资模式 -
What I'd like to do today is talk to you今天我想讲的就是