And his discoveries that-- they did them in different ways at different ages led to the emergence of the Stage Theory.
他发现,儿童在不同的年龄拥有不同的行为方式,他根据这一发现提出了阶段理论
What we did--the core theoretical framework that we had-- was the mean variance theory, which led us to the capital asset pricing model.
我们讲到了投资组合多元化的核心理论框架,即均值-方差模型,之后又讲到了资本资产定价模型
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