If you're comparing two portfolios with the same expected return, then you want the one with the lower variance.
比较两个有相同预期收益率的投资组合时,你会选择方差小的那一个。
But when you look at it in a comparative light in its legal context, we see that it's a polemic against the class distinctions that were being drawn in antecedent and contemporary legal systems, such as the Code of Hammurabi.
但当你在法律背景下以一种比较的观点看待它时,会发现它驳倒了存在于先前的和同时代的,法律体系中的阶级差异,例如,汉穆拉比法典。
And so this one you didn't choose is then tainted and you turn and then when compared to a third one you favor that third one.
你第一次没选上的那粒就被打上污点了,当拿它和第三粒相比较时,你就会偏向于第三粒。
But ultimately, everyone agrees I-- that's the premise here, that for the-- if you're comparing two portfolios with the same variance, then you want the one with the higher expected return.
但归根结底大家都会同意这一点-,这是一个前提-,当你比较两个有相同方差的投资组合时,你会选择预期收益率高的那一个。
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