Now, he's using a much longer sample than I did, so he's not going to get this tangency portfolio that I did.

他的样本跨度比我的要大多了，所以他得出的切线资产组合会和我的不同。

youdao

The asset pricing model — and this is critical — assumes everyone is rational and holds the tangency portfolio.

资本资产定价模型是非常重要的模型-，假设每人是理性的，并持有切线资产组合。

youdao

In my diagram, I said that the tangency portfolio — I estimated that the tangency portfolio is 9% oil, 27% stocks, and 64% bonds.

在我的曲线图里我有提到切线资产组合-，我估算出切线资产组合是9%的石油，27%的股票和64%的债券。

youdao

In my diagram, I said that the tangency portfolio — I estimated that the tangency portfolio is 9% oil, 27% stocks, and 64% bonds.

在我的曲线图里我有提到切线资产组合-，我估算出切线资产组合是9%的石油，27%的股票和64%的债券。

youdao