It probably has some risk, but the way we approximate things in finance, we take the government as riskless.
它可能存在一定的风险,但在金融学上,我们忽略其风险,将政府债券看作无风险。
There's still substantial insurance risk because the-- it could easily be only 15% or it could be 25% of the policies that end up paying.
这其中仍然存在一定的保险风险...,最后可能只有15%需要赔付,或者25%需要赔付
I have stocks, bonds, and oil but I want also to add one more final asset, we'll call it the riskless asset, long-term bonds are somewhat uncertain and variable because they're long-term.
有股票,债券和石油,我还想再增加最后一种资产,我们称之为无风险资产,由于长期债券持有期限很长,存在一定不确定性及风险。
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