If 2022 was a reckoning with professional investors, then 2023 will be a reckoning with reality.

如果2022年是对专业投资者的报复，那么2023年将是对现实的报复。

He also attracted the attention of professional investors — venture capitalists.

他还引起了专业投资者——风险投资家的注意。

These are funds where professional investors are actively picking stocks.

这些是专业投资者积极挑选股票的基金。

It happens, however, that the energies and skill of the professional investor and speculator are mainly occupied otherwise.

然而，碰巧专业投资者和投机者的精力和技能主要用于其他方面。

And what's the big brains the professional investors think is going to happen to the US economy tomorrow.

专业投资者认为明天美国经济会发生什么？

That usually consists of people like you, your friends or parents, plus professional investors like a venture capital firm.

这通常包括像您这样的人、您的朋友或父母，以及像风险投资公司这样的专业投资者。

It has not gone unnoticed that the buyer of Beeple's " Everydays" is Metakovan, a professional crypto investor. Christie's got its $69.3m in Ether, a cryptocurrency.

值得注意的是，Beeple的《每天》的买家是专业加密货币投资者Metakovan。佳士得以以太币(一种加密货币)的形式拿到了6930万美元。

Bottom line, though - if you're a regular person and not a well-compensated professional investor, you're getting a better deal buying an index fund, yes?

不过，底线是——如果你是一个普通人， 而不是一个报酬丰厚的专业投资者，那么购买指数基金会更划算，是吗？

If you look at the funds that are run by professional investors who actively try to pick stocks - so these are not index funds, I want to be clear.

如果你看看由积极尝试挑选股票的专业投资者经营的基金——那么这些不是指数基金，我想澄清一下。

KESTENBAUM: If you took a bunch of professional investors and looked at how they did over a long time and you took the average, they did not beat the market.

KESTENBAUM：如果你找了一群专业投资者， 看看他们在很长一段时间内的表现， 然后取平均数，他们并没有跑赢市场。

Thus the professional investor is forced to concern himself with the anticipation of impending changes, in the news or in the atmosphere, of the kind by which experience shows that the mass psychology of the market is most influenced.

因此，专业投资者被迫关注新闻或气氛中即将发生的变化，经验表明，这种变化最能影响市场的大众心理。

Now to listeners who wouldn't have a scooby about how to approach looking at valuation of different companies on the stock market, could you give us some pointers and ways of understanding how professional investors like you do this?

现在对于那些对如何看待股票市场上不同公司的估值一无所知的听众，你能给我们一些指示和方法来理解像你这样的专业投资者是如何做到这一点的吗？