来自《耶鲁大学开放课程：金融市场 第25集 第25集》

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  that surrounded Bob's work on excess volatility.
  带来的苦难打击到了
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  In particular, where so many in finance seemed to regard attacks
  特别是对有效市场假说这一问题
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  on the efficient market hypothesis
  何来如此之多的攻击性言论呢
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  in rather the way they would regard attacks on their spouses or children,
  他们认为这是对他们配偶或下一代的攻击
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  and called for not just a rational rejoinder,
  然后呼吁一个不仅是理性的反驳
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  but some effort at the destruction of the assailant.
  甚至是这些反对者的破坏性的努力
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  I remember that my sense of the issue and the merits,
  我还记得我对于这个问题是非曲直的认知
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  where my sympathies had always been with Bob,
  即我一直对鲍勃感到同情的地方
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  crystallized in the summer of 1987.
  于1987年夏天正式形成
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  In the summer of 1987,
  在1987年的夏天
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  there was a certain set of facts that was very clear.
  这里有一系列的事实非常清晰
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  It was very clear in the summer of 1987
  1987年的夏天非常清楚地表明