Now, I want to talk about forming a portfolio where the assets are not independent of each other, but are correlated with each other.

现在我要建立这样的一个投资组合,在这个组合里各项资产并不是相互独立的，而是相互关联的。

耶鲁公开课 - 金融市场课程节选

From then on,if you accept the analysis and the assumptions or the estimates that underlie it, then we pretty much know how to construct portfolios.

如果你们理解了整个分析过程,假设前提以及各项资产的有关估算,就能知道该怎样建立一个投资组合

耶鲁公开课 - 金融市场课程节选