My former student Allan Weiss and I have been campaigning since 1990 for better risk management institutions for real estate. In 1999, we co-founded a firm, Macro Securities Research, LLC, to promote the development of such institutions, working with the American Stock Exchange to create securities that would allow people to manage real estate as well as other risks.
我从前的学生Allan Weiss和我自1999年以来就一直在为建立更好的不动产风险管理机构而奔波。在1999年，我们共同创建了一家名为Macro Securities Research, LLC的公司旨在促进这些机构的发展。我们与美国证券交易所（American Stock Exchange）合作开发能够让人们管理不动产和其他风险的有价证券品种。