Now, obviously that is a riskier strategy than spreading your bets among hundreds or thousands of firms.

现在，显然，与将赌注分散到数百或数千家公司相比， 这是一种风险更大的策略。

In order to modulate risk, these investor groups pooled resources and they spread their bets across a portfolio of whaling voyages.

为了调节风险，这些投资者团体集中资源，将赌注分散到捕鲸航行的投资组合中。