And empathy has different definitions but we can simply view it as the feeling that your pain matters to me.
移情有几个不同的定义,但用简单的话来说就是,我不会对你的痛苦无动于衷。
So if you think of a shell, you can actually just think of an egg shell, that's probably the easiest way to think of it, where the yolk, if you really maybe make it a lot smaller might be the nucleus.
可以把它想成,个蛋壳,这也许是,最简单的思考办法,蛋黄如果,缩小非常多倍的话,就可以想象成核子。
Well if you think about these steps, here's an easy way to do it. Let's start at 1.
如果你要考虑步骤的话,这里有个简单的方法,让我们从第一步开始。
If I talk about it in general terms, they might not put it in that frame Really, an important example of framing is how we deal with money and indexation.
但如果我用简单的话来表述它,他们可能就无法往保险那想,心理框架的另一个重要例子就是,我们是如何处理货币和指数之间的关系。
Yeah.So there's--it's probably simpler in that sense.
是的,这样的话就更加简单了。
Hopefully, it'll be fairly straightforward.
如果顺利的话,答案相当简单。
And so, if I do that, this now becomes really easy.
如果我这样做的话,这个问题就会简单点儿了。
So, the optimal thing to do if you live in a world like this n is to get n as large possible and you can reduce the standard deviation of the portfolio very much and there's no cost in terms of expected return.
如果现实中也这样简单的话,那么你就尽量增大,这样就能让投资组合的标准差,就会大大降低,从预期收益率的角度来看,这样做的成本是零。
Because, again, it seems simpler have a model where there's no momentum.
因为没有momentum的话会更简单,我现在第一次运行。
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