来自《耶鲁大学开放课程：金融市场第14集第14集》

I don't know what he says about this,

我不知道对于这一点他怎么看
but I think most of the equity to me,

可我觉得大多数股票对我而言
the historic kind of case for equities is survivor

从历史角度看股票是一种残存
is U.S.-centric and it's survivor bias.

是以美国为中心的经济残存形式
Obviously,

很显然的
the U.S. went from a kind of average agrarian country

美国从一个中等农业国
to the industrial colossus of the world,

发展到现在世界工业强国
so obviously or as a corollary to that

明显地或者可以总结为
equities did really, really well.

股票表现地非常好
It's not 100% clear that

虽然不是百分之百肯定
over the next hundred years that

但是在下一个百年里
Asia might not China, India, the tigers, collectively

也许亚洲的中国印度四小龙一起