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Additional, denotative type is carried out to note below policy support endowment recombine appear on the market the likelihood of mutation of existence of company outstanding achievement, this can be brought to investor above quota accrual.

另外，政策支持下实施外延式注资重组的上市公司业绩存在突变的可能，这能给投资者带来超额收益。

Cohen and Englander have moved to cash because of extreme market chaos and investor panic, according to people familiar with their thinking.

而据知情人士说，科恩和英格兰德之所以选择将投资变现，则是因为市场的极端混乱和投资者的恐慌情绪。

Although abroad do poineering work board only accept Si Na overcomes one branch in the market alone beautiful, but this cannot explain China is rolled out do poineering work board foreground is dim; Manage together, although Shanghai is deep,two city market prise evaporated 20%, can explain those think only short-term accrual congenial personage engorge its are deficient, and the investor that expands foreground to dedicated and long-term investment and enterprise, the market risk that this just must assume stopped.

虽然海外创业板市场中只有纳斯纳克一枝独秀，但这不能说明中国推出创业板前景暗淡；同理，尽管沪深两市市值蒸发了20%，只能说明那些想短期获利的投机人士大吃其亏，而对于专注长期投资和企业发展前景的投资者，这只是必须承担的市场风险罢了。

I say to do poineering work is people commerce, our interior has call people commerce, what calls people commerce, a few people also are when 30 years Chinese business rose in the past namely a person of foresight, the call that answers Xiaoping goes establishing enterprise, but more Chinese are in go 30 years inside became worker first, epigenesis consumer, become investor a few this years recently, fry.

我说创业就是人民商业，我们内部有叫人民商业，什么叫人民商业，就是过去三十年中国的商业起的时候也都是一些人先知先觉，响应小平的号召去创办企业，但是更多的中国人在过去三十年里边先成了劳动者，后成了消费者，最近这几年成为投资者，炒股。

The market is eristic to this, admittance doorsill may be 500 thousand yuan or 1 million yuan, small investor can pass ETF only in or enter town secondhand.

市场对此议论，准入门槛可能是50万元或100万元、抑或中小投资者只能通过ETF间接入市。

In order to build investor confidence, the escudo was fixed to the dollar.

为了建立投资者的信任，比索与美元挂钩。

The value of market esoterica to the consumer of investment advice is a different story. In my opinion, investment success will not be produced by arcane formulae, computer programs or signals flashed by the price behavior of stocks and an investor will succeed by coupling good business judgment with an ability to insulate his thoughts and behavior from the super-contagious emotions that swirl about themarketplace.

这当然是股市秘籍存在的价值，但就我个人的看法，投资成功不是靠晦涩难解的公式、计算机运算或是股票行情板上股票上下的跳动，相反地投资人要能成功，惟有凭借着优异的商业判断同时避免自己的想法、行为，受到容易煽动人心的市场情绪所影响，以我个人的经验来说，要能够免除市场诱惑，最好的方法就是将格拉厄姆的市场先生理论铭记在心。

As the greatest investor in human history, Buffett has made a huge success, we do not qualified to exaction of him.

特别是，他在拥有比尔盖茨这样伟大的朋友的情况下，他仍然选择站在人类信息化大堂的门槛之外。

Since grey market securities are not traded or quoted on an exchange or interdealer quotation system, investor's bids and offers are not collected in a central spot so market transparency is diminished and Best Execution of orders is difficult.

由于灰色市场的证券没有交易或引述就交换或interdealer报价系统，投资者的出价，并提供不收集在一个中央点，使市场的透明度，是减少和最佳执行的订单是困难的。

Since the first open-end fund issue, there are 5th redemption, which also reveals more profound form of market phenomena causing open-end fund liquidity risk. In 2002, the open-end fund market was just established, in order to expand the size, many funds only attract institutional investors, and do not distinguish between investor by their liquidity preference. Under such single structure, institutional investors large size redemption will cause fund scale reduced significantly, which suffered huge losses. In 2003, as the Funds growth, more and more retail investors join in fund market and occupy a dominant position. Due to the lack of awareness of the fund market, they all use the concept of stock investment.

自开放式基金成立以来，中国历史上的5次赎回也更深刻的揭示了构成开放式基金流动性风险的市场现象。2002年为开放式基金成立初期，很多基金为了吸纳资本，扩大规模，只面向机构投资者融资，并且不区分投资者的流动性偏好，在这种单一的结构下，机构投资者的大额赎回就导致基金规模的锐减，从而遭受巨大损失。2003年，随着基金的发展，越来越多的散户介入其中并占据主导地位，由于缺乏对基金市场的认识，按照原有投资股票的理念投资基金，所以在低迷的股市稍有起色，基金稍有赢利时，就开始赎回，造成了多只基金净值的损失。2005年，保险行业可以直接入市，再加之逐渐回升的行情和基金公司高额的手续费，很多保险公司开始赎回持有的基金转而直接入市。

With Orff Schulwerk, improvisation and composition start students on a lifetime of knowledge and pleasure through personal musical experience.

在奥福教学中，即兴表演和作曲开启了孩子将持续一生的音乐学习和快乐。

And Kazakhstan, which have worried that his presence could foment a civil war in the Central Asian republic.

他的离去受到了俄罗斯、美国和哈萨克斯坦的催促，这些国家担心他留在国内会引发一场内战。