In aggregate, our non-controlled business interests have more favorable underlying economic characteristics than our controlled businesses. That’s understandable; the area of choice has been far wider. Small portions of exceptionally good businesses are usually available in the securities markets at reasonable prices. But such businesses are available for purchase in their entirety only rarely, and then almost always at high prices.
为啥？
1. 选择的范围更广泛（当然，这得在自己的能力圈里）。the area of choice has been far wider
2. 非常好的生意 exceptionally good businesses，在二级市场时常能出现合理的价格 usually available in the securities markets at reasonable prices，让我们买到一小部分 small portions
注意几个关键词：选择的范围更广，异乎寻常的好生意，合理的价格，时常，一小部分。
所以说，股票市场，就是淘宝的好地方，翻石头要勤快。