Some dealers might see the gains on offer as fair reward for taking on risk and making markets.
一些交易商也许认为这一业务的获利是他们承担风险和造市(译者注:一级证券交易商负责承销国债,所以说他们make markets)的应得正当回报。
To Steinberg, this shows clearly that risk-taking rises not from puny thinking but from a higher regard for reward.
对斯坦伯格而言,这清楚地表明,冒险增加并非由于考虑不周而是由于回报增加。
To me, looking at the most likely gain -- 12.6% -- and the likelihood that my assumptions tilt toward the overly optimistic, the reward isn't there in this stock for taking the risk.
在我看来,按照最有可能的收益率12.6%,还有我非常乐观的设想,这只股票没有风险。
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