And the question of course for all universities is has This been a sensible thing to do?
当然对所有学校而言都有的问题是,这样做是否明智?
The take-aways are that an equity bias is an absolutely sensible underpinning for investors with long time horizons but that diversification is important.
对于长期投资者来说,股权偏好的存在,是长期投资获利的重要基础,但是分散投资也很重要
Yet at the same time is Aristotle seen defending democracy providing reason and many sensible ? arguments for democratic regimes?
而与此同时,亚里士多德,是在捍卫民主吗?他是在提供理由,与理智论点给民主政体参考吗?
There might be ethical reasons--perfectly good, sensible, ethical reasons--for choosing Beta in this game.
那就涉及到道德的因素了,人们出于道德的原因可能会选β
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