Everyone see that's a stronger argument?

大家都明白了吗
So now even these early guys are going to stay out of the market.

所以进入者就不会进入了
Now we're almost there. What we've argued--let's just make sure

现在差不多了我们要用这两块
we get the two pieces of this on the board.

黑板来谈论这个问题
We've argued that if there's an epsilon chance,

我们说过如果有很小的概率
a very small chance, let's call it a 1% chance where Ale is crazy,

即使有百分之一的概率埃里是疯狂的
then he can deter entry by fighting, i.e., seeming crazy.

他就可以以疯狂的名义吓退进入者
We argued that what really makes this argument strong is

我们通过论证得到更有力的论点
once we realize that the sane person's going to act crazy,

即使我们发现他是装疯
we really know that everyone's going to act crazy

我们知道人人都可以装疯
and therefore we should stay out.

我们也不能进入
Now that argument won't quite be right.

这种说法似乎不太正确