do you agree with the following statement?

你认同以下这种说法吗
"The stock market is the best investment for long-term holders

对于那些能在股票市场的跌宕起伏中
who can just buy and hold

一直持股的长线投资者而言
through the ups and down of the market."

股票市场是最佳的投资
I only started asking this in 1996

1996年时我才提出这种疑问
when the stock market boom was well under way,

那时股票市场一片欣欣向荣
but already 69% of my respondents,

这些受访者是高收入投资者
who were high-income investors, strongly agreed.

但69%的受访者强烈认同这点
That percent grew to the peak of the market in 1999;

在1999年这一赞同的比例接近最高点
after the peak in 2000 it began to fall.

在2000年达到顶点后开始下降
We see what happens is that when the markets

我们所见的就是当市场
--people are chasing past returns.

当人们盯着过去的收益时