If you accept my estimates and you accept the capital asset pricing model, that would have to be true.
如果你同意我的估算,而且认同资本资本资产定价模型,那这种投资组合就会带来最大收益。
Two, what do you think are the best ways an individual ? investor can make the best return in the market these days?
第二个问题,在现在的形势下,你认为个人投资者,怎样才能从市场中获得最大的收益?
so in some sense it's safer, it avoids the 0, although I mean it's true it avoids the 0 but it also doesn't get the 5 and the 4.
某些情况下选下是比较安全的,因为他避免了0收益,我的意思是它的确避免了0收益,但选它也得不到5和4这连个最大收益
It maximizes my expected payoff.
它最大化了我的预期收益
As I solve the maximization problem, how do I maximize my payoff given that other people are choosing S-i?
解最大化问题时,如果其他人选了S-i,我如何最大化自己的收益呢
It maximizes my payoff against S-i.
它最大化了对手选S-i时我的收益
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