He said all this--this thing that I have up here-- well the previous slide, showing the dividend earnings ratio--it's just cultural; it means nothing because, to some extent, what's not shown in that diagram was the stock repurchase.

他是这么描述的,在这里,在上一张幻灯片中,展示了股利收益比,这跟文化相关,但却无意义,在某种意义上,在图表中没有展示出股票回购

耶鲁公开课 - 金融市场课程节选

So, now we have n = 3 and in the chart are stocks, bonds, and oil.

图表里n=3表示,股票，债券和石油这三类资产。

耶鲁公开课 - 金融市场课程节选