.. That person-- I should have maybe included that in the diagram-- that person could get 5% return with no risk.
那种人-,我也许该把种情况也包含到图里的-,他能够获得5%的无风险收益。
It's like a fourth asset but we're using a special feature of this asset: that it has no risk.
如同第四种资产,我们将利用这个资产的特性:,即无风险特性。
Is it because some people have a kind of built in sense of thumos, that wonderful Platonic term, pride, courage, love of risk that no society, ? not even a Hobbesian one, can do without?
是因为有一种,内在的激情,是柏拉图的术语,傲骄,勇敢,爱冒险,没有一个社会,甚至霍布斯的社会能没有这些?
It just doesn't have any risk to it, it has no variability.
公债是没有风险的,是稳定的资产。
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