That is to say, maybe the most central and, for me, possibly the most fascinating question theory asks is well, what is literature?
对我而言,理论提出的最核心,也许是最有趣的一个问题是,文学是什么?
What we did--the core theoretical framework that we had-- was the mean variance theory, which led us to the capital asset pricing model.
我们讲到了投资组合多元化的核心理论框架,即均值-方差模型,之后又讲到了资本资产定价模型
Now, if that's the sort of thing you know about Freud, you are not going to have a very high opinion of him or of his work, but at the core of Freud's declamation, the more interesting ideas, is a set of claims of a man's intellectual importance.
如果大家对于弗洛伊德的了解仅限于此,一定不会对他及其学说给予太高的评价,不过弗洛伊德理论的核心,也是更有价值的观点,是一系列关于人类理性的主张。
I think it's the most important theoretical concept that underlies finance and insurance, which we'll also talk about a little bit in this course.
我认为,这是构成金融学和保险学,最重要的理论核心概念,而这些我们在以后的课程中,还会再提到
What I'm really referring to is what I think is the very original, the deep concept that underlies theoretical finance-- I wanted to get that first.
今天我要教授的知识,我认为是金融理论中最基本最核心的概念,我想先说说这个
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