You should see that the blue line is better than the pink line because, for any expected return, the blue line is to the left of the pink line, right?

可以看到蓝线比粉线好,原因是对于任意的预期收益率，蓝线都在粉线的左边，对吧？

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In this diagram I'm showing you it's easy to tell because some are yellow, and some are pink, and some are blue but that's not the way they come out of the bone marrow.

在我给你们看的这张图表中很简单,因为其中一些细胞是黄色的,有些是粉红的,有些是蓝的,但它们在骨髓里没有这些颜色

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Now, just to repeat, again I know I've got some math phobics in the audience, let me just slow down a second, all I'm doing here is I'm saying look at this equation of the pink line, look at this equation of the blue line, X is when they cross, i.e., they are equal to each other.

我再重复一遍,我知道你们之中有些人数学不怎么好,我放慢一点说,我是这么解的,看这条粉线的方程,还有这条蓝线的方程,X是二者的交点,也就是说这点两个方程相等

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