英语语法分析

Although smooth, there is a characteristic "break line" of tangency denoting where the circle meets the line.

虽然平滑，但它存在着一个特点，就是圆弧和直线相接的地方会有一个曲率变化上的断裂。

Now, he's using a much longer sample than I did, so he's not going to get this tangency portfolio that I did.

他的样本跨度比我的要大多了，所以他得出的切线资产组合会和我的不同。

The asset pricing model — and this is critical — assumes everyone is rational and holds the tangency portfolio.

资本资产定价模型是非常重要的模型-，假设每人是理性的，并持有切线资产组合。