来自《耶鲁大学开放课程：金融理论 第1集 第1集》

• 
  
  and now it's gone fifty percent up again.
  而这里又有近50%的上升
• 
  
  So if you believe these finance professors you'd have to say
  如果你相信这些金融教授 你会认为
• 
  
  that everybody realized that future profits in America were
  每个人都预期到美国的远期利润
• 
  
  going to be less than half what they thought they were going to
  会比他们预期的利润缩水50%
• 
  
  be before and that's why the stock market dropped.
  而这个正是股市下跌的原因
• 
  
  And then miraculously when it hit a bottom everybody figured,
  当股市不可思议地下跌到最低点时
• 
  
  "Oh, my gosh, we misunderstood things."
  大家便意识到 天啊 我们误估了事态
• 
  
  Actually it's not nearly that bad and things are fifty percent
  事实上事情并没有那么糟糕
• 
  
  higher because now people think that profits really weren't
  并且还有50%的远期利润
• 
  
  going to go, you know, didn't drop in half,
  因为人们认为远期利润不会继续下跌
• 
  
  didn't drop by fifty percent, they only dropped by
  也没有下跌至一半 即下跌50%
• 
  
  twenty-five percent.
  远期利润仅仅下跌了25%