What I did in this diagram is I computed the efficient portfolio frontier-- now it's the blue line with three assets.
在这张图表中,我计算了有效边界-,蓝色线表示三种资产的组合。
.. I computed the efficient portfolio frontier for various-- it's the efficient portfolio frontier using the formula I just gave you.
我计算了来自不同组合有效边界-,这一条有效投资组合边界,就是用刚刚给出的公式算出来的。
But when that's not true, then there is a typical sort of modern frontier, a land bridge which there a line is-a theoretical line is drawn through it, and on one side is one city, and the other side is another city.
但还不止这些天然边界,另外还有种边界形式,和现代国境线很类似,是由一座陆桥,分割出一条界线…假象的界线,界线的一边是一个城邦,另一边是另一个城邦
.. Now, once you have more than three-- more than two assets-- it might be possible to get points inside the frontier.
现在,一旦你有超过三种-,超过两种资产-,就有可能取到边界里面的点。
But I'm talking here--this is the actually the frontier-- the best possible portfolio consisting of three assets.
但在这里我说的是-,边界表示了三种资产最好的组合。
That means that you want to pick, ultimately, a point on this-- this line is tangent to the efficient portfolio frontier with all the other assets in it.
那意味着你会最终会在这上面选一个点-,这条直线是与有效边界相切的,后者包含了所有的资产组合。
In fact, I have it--suppose we have three assets and we want to compute the efficient portfolio frontier, the mean and variance of the portfolio.
事实上,假如我们拥有三种资产,我们想计算有效边界,及投资组合的均值和方差。
Irving Fisher also drew on the curve a production possibility frontier for society, which he made downward-curved.
欧文·费雪还画了一条曲线,代表了社会的生产可能性边界PPF,这是一条向下的曲线
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