But, because of the logic of risk management we have to make a deal with them; so, it becomes more formal and impersonal.

但是，基于风险管理的逻辑,我们必须和他们达成协议;,使分摊正规化而不受主观情绪的影响。

耶鲁公开课 - 金融市场课程节选

I call it the universal principle of risk management pooling and the hedging of risk.

我称之为,风险管理的普遍原则,风险汇聚和风险对冲

耶鲁公开课 - 金融市场课程节选

I want to go over the history of risk management and through these three themes.

我要讲讲风险管理的历史,以及这三个主题。

耶鲁公开课 - 金融市场课程节选

Anyway, I want then to move on to the topic of today's lecture, Insurance is the other side of the risk management institutions that we have.

下面开始今天这节课的主题,保险是我们现有的另一种,风险管理制度

耶鲁公开课 - 金融市场课程节选

I still want to start with some theory and I thought that--well I will--I plan to start by talking about the most basic concepts of risk management, which underlie finance.

课程开始的时候会涉及一些理论,我认为这些理论,是风险管理最基本的概念,也是金融学中最基础的概念

耶鲁公开课 - 金融市场课程节选

They don't understand the risk management function of it.

人们没有意识到其所起的风险管理职能。

耶鲁公开课 - 金融市场课程节选

Finally, I just want to say, next lecture is January twenty-eighth and we're going to talk about portfolio diversification, which is one very important application of the fundamental principle of risk management, as applied to securities.

最后，我想说下一讲是在1月28日,到时我们会谈谈资产组合多样化，这是风险管理基本原则中,对证券投资来说，这是非常重要的一项应用。

耶鲁公开课 - 金融市场课程节选

When people get into real trouble in their lives, it's because of a sequence of bad events that push them into unfortunate positions and, very often, financial risk management is part of the thing that prevents that from happening.

人们总会在生活中遇到麻烦，一系列糟糕的事情,会将人们推向不幸的处境,而多数情况下，金融风险管理,可以防止这种情况发生。

耶鲁公开课 - 金融市场课程节选