But what Eric was trying to do

但艾瑞克试图

that fall outside of our standard VAR model.

来重估这些资产的价值

The collapse of the venerable New York bank

这家可敬的纽约银行破产

and fear in the world economy.

以及对世界经济的担忧

- Well it's a fairly complicated. - Simplify.

-这很复杂 -简单的说

and then stretching those patterns out on a 10-15%... roughly.

再放大约10%-15%

These issues were crystallized for me.

这些观点对我来说都是思想的结晶

and tried to contribute some of my own

并且尝试在统计检验方面

volatility--the Yale hedge fund?--the Yale

不是对耶鲁冲基金 是耶鲁捐款

which it surely does, would that convince you now

其实事实也是如此

The thing that's interesting is that we have been recently

比较有意思的是最近一段时间

This is around 2003.

这是2003年左右