来自《耶鲁大学开放课程：金融理论 第1集 第1集》

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  are competing to exploit every advantage,
  使得市场充分有效
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  and therefore compete away every advantage,
  他们把知识和信息所蕴含的价值
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  and by doing that put all the information they have into the
  通过竞争
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  prices.
  传导到价格上
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  The implication of that theory is that there's an
  这一理论的内涵是
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  extraordinarily clever way of computing the value of most
  我们可以找到有效的方法计算出
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  investment assets, and about deciding when a
  大部分投资品的价格
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  financial decision's a good thing to do or not,
  并计算出一个金融决策是否可行
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  and that was the heart of what they taught in these business
  这些评估财产和做出最佳金融决策的
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  schools, these algorithms for valuing
  运算法者
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  assets and making optimal financial decisions.
  就是商学院课程的核心
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  One striking thing is that the people they studied,
  一个惊人的事实是