Because the square root of 10,000 is 100, whatever the standard deviation of the portfolio is, you would divide it by 100 and it would become really small.

因为一万的平方根是一百，无论这个投资组合的标准差是多大，当除以100后就都变得很小很小了。

耶鲁公开课 - 金融市场课程节选