So, the optimal thing to do if you live in a world like this n is to get n as large possible and you can reduce the standard deviation of the portfolio very much and there's no cost in terms of expected return.

如果现实中也这样简单的话,那么你就尽量增大,这样就能让投资组合的标准差,就会大大降低,从预期收益率的角度来看,这样做的成本是零。

耶鲁公开课 - 金融市场课程节选

So I'll be producing this stuff, this water at cost c and only getting p, which is not only less than c in return.

这就导致成本是c的瓶装水只能卖到p,这个价格都不能捞回本钱呢

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