I wrote my first book--I already talked about that, Pioneering Portfolio Management--that deals with the challenges that face institutional investors.

我写的第一本书,我已经提到过了,《机构投资的创新之路》,讨论了机构投资者所面临的挑战

耶鲁公开课 - 金融市场课程节选

.. I can achieve any combination-- I can achieve any point on that by choosing an allocation of my portfolio.

我可以得到任意组合-,可以任意分配投资组合中,各种投资的比重。

耶鲁公开课 - 金融市场课程节选

In my diagram, I said that the tangency portfolio-- I estimated that the tangency portfolio is 9% oil, 27% stocks, and 64% bonds.

在我的曲线图里我有提到切线资产组合-,我估算出切线资产组合是9%的石油，27%的股票和64%的债券。

耶鲁公开课 - 金融市场课程节选

2% You could say, I think my portfolio has an expected return of 12%-- that would be better than if it had an expected return of 10%.

如果一个投资组合的预期收益率有-,那就比一个只有10%的投资组合要好。

耶鲁公开课 - 金融市场课程节选

It hasn't affected my portfolio--my cash position--at all.

对我投资组合与现金头寸均无影响

耶鲁公开课 - 金融市场课程节选