"And the services you get, for whatever it is you need, depends critically on where you live.
VOA: standard.2009.09.24
Did I say that right? One of the misfortunes of scholarship, you have to live long enough to get your accolades.
我说的对吧,学术界的一大损失,你活得够长才能获得所应得的荣誉。
Yeah, I think if you live outside of London and you need to commute, you got to get the train.
如果你住在伦敦市区外面,你需要坐火车上下班往返。
But suppose if you think about death you just get too depressed and you can't live life to the fullest.
但假设如果你考虑了死亡,你就变得抑郁,你就没法尽情地活。
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。
Studies have been done in the city of New York where you can-- if you live in Manhattan you can actually get a very nice metric of how far apart people live from each other in city blocks. Right?
纽约市就做过这类实验,在纽约-,如果你生活在曼哈顿,你能准确地测量,生活不同街道的人相互距离多远?
But the new thought here is what would be good would be being able to live until you were satisfied, until you'd gotten what goods there were to get out of life.
引出的新观点是,活到满足为止是件好事,直到你体会到生命的真正意义。
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