So Jeremy would say, forget that, it looks pretty sound that we have an equity premium so we can trust that.
因此杰里米会说,别管它们了,发达国家存在股权溢价很正常,因此我们笃信这个结论
Jeremy says in the text that the geometric return is always lower than the arithmetic return unless all the numbers are the same.
杰里米在书里说几何平均,总是比算术平均小,当然如果所有数字都一样,两个均值相等
I don't know, I think that-- I think what Jeremy would say is, well you're looking--if you look at Russia and China, you're looking at political factors and I'm only looking at politically stable countries, so this whole thing is irrelevant.
我不清楚,我认为...,我想杰里米会说,观察下俄罗斯和中国两个国家,考虑到其中的政治因素,我只研究政治环境稳定的国家,他们显然要被排除在外
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