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但在波动市场中的心理状态就是如此非理性且反应过度。
But the psychology of the market is so irrational and excessive in its swings.
巧合的是,这与我的观点一致,即马斯克或特斯拉不筹集股本是在冒非理性风险。
Coincidentally, that aligns with my view Musk, or Tesla, is taking irrational risks by not raising equity.
我们不单单是非理性的,还是可预测地非理性的--我们的非理性一次又一次,以相同的方式发生。
My further observation is that we are not only irrational but predictably irrational- that our irrationality happens the same way again and again.
正如英国经济学家约翰·梅纳德·凯恩斯(JohnMaynardKeynes)所说的那样,市场保持非理性状态的时间,比你保持偿债能力的时间要长一些。
As the British economist John Maynard Keynes is said to have observed, the market can stay irrational longer than you can stay solvent.
选民总是非理性的?
Are the voters irrational?
LaurieSantos:猴子经济与我们一样非理性.
Laurie Santos: A monkey economy as irrational as ours WEB.
LaurieSantos:猴子经济与我们一样非理性.
Best of Ted- Laurie Santos: A monkey economy as irrational as ours.
LaurieSantos:猴子经济与我们一样非理性.
Laurie Santos: A monkey economy as irrational as o.
LaurieSantos:猴子经济与我们一样非理性.
Continue reading Laurie Santos: A monkey economy as irrational as ours→.
对我来说,那感觉有点非理性的恐惧。
To me, that felt like a bit of an irrational fear.
他直视着读者(这是书中唯一的一次),邀请我们从根本上理解非理性的东西。
He looks directly at the reader(the only time that happens in the book), inviting us to make sense of something fundamentally irrational.
但这一次,没有人指责美国人非理性的繁荣:这些美好的时光并不是特别好。
But this time around, no one is accusing Americans of irrational exuberance: These good times don't feel particularly good.
从今往后的十年,我们回头看**的债券市场会是这个时代中非理性的繁荣。
A decade from now, we may look back at today's bond market as the irrational exuberance of this era.
我们不单单是非理性的,还是可预测地非理性的--我们的非理性一次又一次,以相同的方式发生。
We are not only irrational, but predictably irrational- that our irrationality happens the same way, again and again.
虽然很多人认为,现代化会削弱宗教的影响力----似乎"理性思维"战胜了"非理性"信仰,但其实这是不可能的。
While many thought that modernity would diminish the influence of religion-- a seeming victory of the" rational mind" over" irrational" beliefs-- this has not come to pass.