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The adaptive markets hypothesis says that all economic institutions, like our own species, develop and change over time, depending on the population of investors that are engaged with them.

  • -- Andrew Lo 罗德城

适应性市场假说认为，所有经济机构，就像我们人类一样，都会随着时间的推移而发展和变化，这取决于与之打交道的投资者群体。

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Change Over Economic Time

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The greatest revolution in our generation is that of human beings, who by changing the inner attitudes of their minds, can change the outer aspects of their lives.

我们这一代最大的革命是人类的革命，通过改变他们内心的态度，他们可以改变他们生活的外在方面。

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I want to be around a really long time. I want to be a thorn in the side of everything as long as possible.

我想活得很长。我想成为每件事的眼中钉，越长越好。

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In rock stardom there's an absolute economic upside to self-destruction.

在摇滚明星圈，自我毁灭绝对有经济上的好处。

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Change doesn't happen overnight-it's molded by people who don't give up.

改变不是一夜之间发生的——它是由不放弃的人塑造的。

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When the euro was born, it was born in the wrong economic circumstances.

当欧元诞生时，它诞生在错误的经济环境中。

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There has been so much rubbish written up in the papers over the years.

这些年来报纸上写了很多垃圾文章。

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Music at times is more like perfume than mathematics.

音乐有时更像香水而不是数学。

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I have been fighting over commas all my life.

我一生都在为逗号而奋斗。

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