These risks spring from the fact that philosophy teaches us and unsettles us by confronting us with what we already know.
这风险源自于以下事实,即哲学就是让我们面对自己熟知的事物,然后引导并动摇我们原有的认知。
The idea of risk, that economic risks can be pooled, is an intuitive one that has occurred to people throughout history.
风险理论,即认为经济风险可以分摊,是历史过程中,人们逐渐发现的理论。
And the activation in another area of the brain, the interna insula that would help us to put the oppisite choice of the bond running away from risk.
而大脑中另一区域的活动,即岛叶内部活动,可以帮助我们作出相反决策,即选择“债券“来远离风险。
If some group, let's say you have cholesterol of two hundred and your relative risk is established at one, and then if you have cholesterol two fifty your relative risk is two, that means you have twice the risk, so relative risk of two is twice the risk, three is three times the risk, etc.
比如说有一个组,胆固醇水平200,相对风险设为1,另一个组胆固醇水平是250,相对风险是2,即第二组的相对风险是参照组的两倍,相对风险是2代表两倍风险,3代表三倍风险,如此类推
It's like a fourth asset but we're using a special feature of this asset: that it has no risk.
如同第四种资产,我们将利用这个资产的特性:,即无风险特性。
VAR So, people talk about VAR, value at risk, and lots of people try and build VAR systems.
所以,人们总是讨论,即风险收益,而且有很多人试图建立风险收益系统。
That's what, in principle, we can do and what I think is the most important concept in finance--this concept of risk pooling.
原则上,这就是我们能做的,我认为这也是金融业最重要的概念,即风险汇聚及分摊。
When you look at this theory, you realize that it suggests a very important technology for improving human welfare and by spreading risks.
这一理论,提出了一个重要的技术,即可以通过分散风险,提高收益。
Risk pooling means they put a lot of people with independent or low-correlated risk into a pool and reduce the risk for the whole pool.
风险汇聚即,将独立或相关性小的风险汇聚起来,以降低整体风险
It specifies what risks are covered, exclusions--some risks are not covered.
它必须约定被保险的风险有哪些,以及除外责任,即不被保险的风险有哪些
The best you can do sharing among yourselves is sharing your own risk, the risk of your own community; but your own community goes up and down and you're not sharing widely enough.
你们所能做的仅仅是在成员之间,分摊自己的风险,即你们这个小团体的风险;,但由于共有背景下的正相关性,你们的风险无法摊薄。
.. The problem is again the ideal-- they're trying to work toward what I think of an ideal that we see in finance-- 1 mainly, the perfect correlation of consumption and the elimination of risk--we all help each other.
问题又回到了理想-,他们为之奋斗的这种理想状态,如果用金融学的理念来解读-,就是消费与风险消除的相关系数为,即完全正相关,所有人都互助互利。
You can see that when you get out to the highest groups here, the highest weights, the relative risk is up at two and a half or three, so that would be a 200% increase in risk for cardiovascular death or two to three times the risk of death.
当我们看图上相对风险最高的这组,也就是体重最大的这组,这组的相对风险大约是2.5倍到3倍,即心血管疾病致死的风险增加了200%,或者说增加了2到3倍
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