That is, even leaving the risks as they are and just sharing them better.
那就是,相对于改变风险的大小,分散风险才是上策。
When you look at each of those individual asset classes -domestic equities, foreign equities, bonds, real assets, absolute return and private equity -each of those individual asset classes is going to be relatively well-diversified in terms of exposures to individual positions or individual securities.
当你观察每一种资产,比如国内股权,国外股权,债券,不动产,绝对收益和私募股权,这其中每一种,比起单一头寸或单一证券,风险都是相对分散的
If some group, let's say you have cholesterol of two hundred and your relative risk is established at one, and then if you have cholesterol two fifty your relative risk is two, that means you have twice the risk, so relative risk of two is twice the risk, three is three times the risk, etc.
比如说有一个组,胆固醇水平200,相对风险设为1,另一个组胆固醇水平是250,相对风险是2,即第二组的相对风险是参照组的两倍,相对风险是2代表两倍风险,3代表三倍风险,如此类推
You can see that when you get out to the highest groups here, the highest weights, the relative risk is up at two and a half or three, so that would be a 200% increase in risk for cardiovascular death or two to three times the risk of death.
当我们看图上相对风险最高的这组,也就是体重最大的这组,这组的相对风险大约是2.5倍到3倍,即心血管疾病致死的风险增加了200%,或者说增加了2到3倍
In this case, death from heart disease and what you see here, and I'll tell you what relative risk is in just a minute, but this is basically risk for disease over on this axis and here its weight.
在这幅图里是心脏病致死的,我会简短地介绍一下相对风险的定义,Y轴表示患病风险,X轴表示体重
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