During periods of extreme fear or greed, you don't have the proper balance between those two to generate market efficiency and you get extremes in behavior.

  • -- Andrew Lo 罗德城

在极度恐惧或贪婪的时期,你无法在这两者之间找到恰当的平衡来产生市场效率,你的行为会走向极端。

相关名言

It was implicitly supposed that every living thing was distinctively plant or animal; that there were real and profound differences between the two, if only they could be seized.

人们想当然地认为每一种生物都是独特的植物或动物;这两者之间存在着真实而深刻的差异,只要能抓住它们就好了。

It's time for greatness -- not for greed. It's a time for idealism -- not ideology. It is a time not just for compassionate words, but compassionate action.

现在是伟大的时刻,而不是贪婪的时刻。这是一个理想主义的时代,而不是意识形态的时代。这不仅是一个充满同情的时刻,也是一个充满同情的行动的时刻。

There are two kinds of statistics, the kind you look up and the kind you make up.

有两种统计,一种是你查到的,另一种是你编造的。

A greedy father has thieves for children.

贪心的父亲有偷孩子的贼。