In fact, different people might make different choices about how much risk they're willing to bear to get a higher expected return.

事实上，为了获得高的预期收益率,人们愿意承受的风险,也会不同。

耶鲁公开课 - 金融市场课程节选

I guess it is that we care about each other and we don't want people to suffer alone.

我认为正是因为我们彼此关怀,不愿有人独自承受风险。

耶鲁公开课 - 金融市场课程节选

It would be anywhere from here to here, depending on how much you're afraid of risk and how much you want expected return.

可以选择从这里到这里的任意一点，取决于你对风险的承受能力,和你的期望回报。

耶鲁公开课 - 金融市场课程节选

What this means in the insurance context is that if you offer insurance policies you will tend to attract people who are higher risk.

保险中选择性偏差的意思是,如果你提供某个险种,吸引的是承受该险种风险较大的人群

耶鲁公开课 - 金融市场课程节选

You have to limit your exposure to risky asset classes to a level that allows you to sustain those positions even in the face of terribly adverse market conditions.

你必须把手中持有的风险资产,限制在一个合适的比例水平,并且即使到了最差的市场环境下,你依旧能够承受这些风险资产

耶鲁公开课 - 金融市场课程节选