So clear sense of your core competence and direction, intelligence and understanding not only with your own people are doing but what's going on in academia and in startups, and then the willingness to take some risk that would be what I'd say.

清楚的了解你的核心竞争力和方向，才干，并了解你的伙伴在做什么,以及学术环境和创业环境的发展，然后要有冒险的动力,这就是我要讲的。

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It probably has some risk, but the way we approximate things in finance, we take the government as riskless.

它可能存在一定的风险，但在金融学上，我们忽略其风险，将政府债券看作无风险。

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What this does, when you use relative risk you take some group of the population and you establish their risk as--at one.

当运用相对危险度这个概念时,要选定一个群组,并把这个群组的风险设为1

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