It's the problem that sometimes people knock over an oil lamp in their home and they burn their own house down.
有时候会出现这种问题,一个人把自己家里的油灯弄翻了,然后把自己的房子点着了
and it's an oil-based nation,
国家收入主要依靠石油。
It was caused by well partly by an oil price spike caused by the Saddam the war against Saddam Hussein.
它是由于,或者说部分由于,萨达姆导致的石油价格冲击引发的,那场对萨达姆。侯赛因的战争。
So if you had a jar full of triglycerides it would behave like an oil, many would be liquid at room temperature.
所以如果你有一满瓶甘油三酯,它看上去就好像油一样,它们在室温下都是液体
If you're an oil rich country today, as long as that oil lasts, you got the world kind of at your knees.
如果你今天是富油国,并且能保持稳定的产油量,那整个世界都会匍匐在你的跟前
An oil truck as long as a railroad car was behind him.
一辆像有轨电车那么长的,油罐车停在了他身后。
We have a stock index futures market and notably we have an oil futures market.
我们有股指期货市场,我们还有石油期货市场
If you agree with my estimates, then you should do this as an investor, you should hold only some mixture of this tangency portfolio, which is 9% oil, 27% stocks, and 64% bonds.
如果你赞同我的估计值,那么作为一个投资者的话你应该这么做,你应该只持有,符合这个切线投资组合比例的投资,即9%的石油,27%的股票,和64%的债券。
So, for example, at an annual expected return of 12% if I have a portfolio of stocks, bonds, and oil I can get a standard deviation of something like 8% on my portfolio.
例如,在年预期收益12%的情况下%,我有股票,债券和石油的投资组合,在这个组合里,我的投资组合可以取到8%的标准差。
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