• You want to, for any given expected return, you want to minimize the standard deviation, so it's the left-most line and that means that everyone will be holding the same portfolio.

    你希望,在期望收益固定的情况下,你肯定希望将标准差最小化,而这条线是最左边的线,这就意味着所有人,都愿意持有这样的投资组合。

    耶鲁公开课 - 金融市场课程节选

  • The force may taper off, the force may not be given by a straight line, but for modest deformations, every spring will have a linear regime in which the force is linearly proportional to the stretching.

    它产生的力可能会渐渐消失,力的曲线可能不是一条直线,而有轻微的弯曲,每个弹簧都有一个线性区间,在这一区间内,力和伸长量是线性关系

    耶鲁公开课 - 基础物理课程节选

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