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1. We also own a large investment portfolio whose market value could fall dramatically and quickly under certain conditions (as happened on October 19, 1987).
- 翻译:我们还拥有一个庞大的投资组合,其市场价值在某些条件下可能会急剧下跌(就像1987年10月19日发生的情况一样)。
- 详解:
- "We also own a large investment portfolio": 我们还拥有一个庞大的投资组合。
- "whose market value could fall dramatically and quickly under certain conditions": 其市场价值在某些条件下可能会急剧下跌。
- "(as happened on October 19, 1987)": (就像1987年10月19日发生的情况一样)。
- 重点单词:investment portfolio(投资组合)、dramatically(急剧地)
2. Whatever occurs, though, Berkshire will have the net worth, the earnings streams and the liquidity to handle the problem with ease.
- 翻译:不管发生什么,伯克希尔都将拥有足够的净资产、收入流和流动性来轻松处理问题。
- 详解:
- "Whatever occurs": 不管发生什么。
- "though": 虽然。
- "Berkshire will have the net worth, the earnings streams and the liquidity": 伯克希尔将拥有足够的净资产、收入流和流动性。
- "to handle the problem with ease": 来轻松处理问题。
- 重点单词:earnings streams(收入流)、liquidity(流动性)
3. Any other approach is dangerous. Over the years, a number of very smart people have learned the hard way that a long string of impressive numbers multiplied by a single zero always equals zero.
- 翻译:任何其他方法都是危险的。多年来,许多非常聪明的人都通过艰苦的方式学会了,一长串令人印象深刻的数字乘以一个零总是等于零。
- 详解:
- "Any other approach is dangerous": 任何其他方法都是危险的。
- "Over the years": 多年来。
- "a number of very smart people have learned the hard way": 许多非常聪明的人通过艰苦的方式学会了。
- "a long string of impressive numbers multiplied by a single zero always equals zero": 一长串令人印象深刻的数字乘以一个零总是等于零。
- 重点单词:impressive(令人印象深刻的)、multiplied(乘以)
总的来说,这段文字强调了伯克希尔拥有足够的资源来应对可能发生的市场波动,警告其他方法可能带来的危险,并指出了一长串令人印象深刻的数字乘以一个零总是等于零的道理。
引用:
2024-04-18 07:26
巴菲特致股东的信原文精读Day314:
原文:We also own a large investment portfolio whose market value could fall dramatically and quickly under certain conditions (as happened on October 19, 1987). Whatever occurs, though, Berkshire will have the net worth, the earnings stre...