A low-level language, we used to call this assembly programming, you're down at the level of, your primitives are literally moving pieces of data from one location of memory to another, through a very simple operation.
一个低级的语言,我们曾经将其称为假设编程,你们只是处于用基本要素,把一些数据碎片,从记忆存储器的一个地方,通过简单的操作来转到另外一个地方。
Now, I'm not sure what kind of video we're talking about, and I'm not sure if the lecture will be the internet when we're all done. But nonetheless I'm gonna call this the next big thing-the video internet .
呃,我不确定我们要谈关于什么样的视频,我也不确定当这个讲座全部结束时,还是不是关于网络,但尽管如此,我还是要叫它为下一重大事件,网络视频。
We're seeing what they call systemic effects-- that's a very general term that goes beyond insurance.
我们现在看到了它的系统性作用,其影响远远超出了保险业自身
Today we're going to come to what I would call the nitty-gritty of the course.
今天我们要开始,我所指的实质性课程了
I have stocks, bonds, and oil but I want also to add one more final asset, we'll call it the riskless asset, long-term bonds are somewhat uncertain and variable because they're long-term.
有股票,债券和石油,我还想再增加最后一种资产,我们称之为无风险资产,由于长期债券持有期限很长,存在一定不确定性及风险。
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