So, if you're a small college with only $20 million in a portfolio you don't come across as a qualified purchaser.

因此,如果是一个,只有2000万资产组合的小学院,是不能通过合格购买者的审核程序的

耶鲁公开课 - 金融市场课程节选

That would be a portfolio where you borrowed at the riskless rate and you put more than 100% of your money into the tangency portfolio.

在这种组合里,你可以以无风险利率借贷到一些资金,从而可以投入比你本金更多的资金,来购买切线投资组合。

耶鲁公开课 - 金融市场课程节选

What you could do is, say, borrow $.50 on your $1 and put $1.50 into a portfolio, which consisted of 9% oil, 27% stocks, and 64% bonds.

你所做的就是，这么说吧，你用手上的1美元借来了50美分1,然后以这1。5美元购买投资组合，其中包含9%的石油，27%的股票和64%的债券。

耶鲁公开课 - 金融市场课程节选

The market portfolio is, if you took all the stocks and bonds, and oil, and real estate, anything that's available to invest in, in the whole world, put them all together in one portfolio.

市场组合则是，假设你在全世界范围内购买了所有，能够投资的股票，债券，石油和房地产，将他们放在同一个投资组合里。

耶鲁公开课 - 金融市场课程节选