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To invest successfully, you need not understand beta, efficient markets, modern portfolio theory, option pricing or emerging markets. You may, in fact, be better off knowing nothing of these. That, of course, is not the prevailing view at most business schools, whose finance curriculum tends to be dominated by such subjects. In our view, though, investment students need only two well-taught courses -How to Value a Business, and How to Think About Market Prices.

投资要成功，你不需要研究什么是 Beta 值、效率市场、现代投资组合理论、选择权定价或是新兴市场，事实上大家最好不要懂得这一些理论，当然我这种看法与目前以这些课程为主流的学术界有明显不同，就我个人认为，有志从事投资的学生只要修好两门课程-亦即&如何给予企业正确的评价&以及&思考其与市场价格的关系&即可。

This is the bringing-coals-to-Newcastle rule: If a sector is already well-represented in your portfolio, why buy more of it?

这有一个意义不大的原则：如果一个行业在你的组合中已经有了很好地体现，为什么还需要额外配置？

Since the night of the debate, he's added another 100,000 names to his portfolio, bringing his holdings to more than 300,000--cash-generating generic names that are again attracting well-financed suitors.

自从辩论把那晚以后，他在他的域名投资组合上增加了10万个域名，使得他的藏品超过了30万个域名。产生着现金流的普通单词域名会再度吸引良好经济基础的逐利者。

Trading and short-term views are all very well but, over the long run, nothing beats a well-constructed portfolio.

交易和短线观点都不错，但从长期来看，没有什么比一个结构合理的投资组合更好。

"Zhenhua is pleased to expand its product portfolio with a new license from Qualcomm," said Xianmin Fu, vice-general manager of Zhenhua.

振华副总经理付贤民表示：「振华很高兴获得高通新的专利授权，进而扩大产品组合。

Main Products: storage type light rack, medium rack, heavy rack, put floor, shelves, through the shelves, mobile shelves, book shelf audio and video, store shelves, special auxiliary equipment and various non-standard rack and other products, without welding, can be any combination of the load has a strong portfolio of free, plug-in convenience, the characteristics of the times, such as mobile and flexible, widely used in logistics, electronics, aviation, electronics, machinery, cars, posts and telecommunications, railways, food, petrochemical , culture, education, medicine, tobacco, supermarket, clothing and financial services industries, the products sell well throughout the country.

主要产品：仓储式轻型货架、中型货架、重型货架、搁楼货架、贯通货架、移动式货架、图书音像货架、卖场货架、专用辅助设备及各类非标货架等产品，不需焊接，可任意组合，具有负载强、组合自由、插接方便，移动灵活等时代特点，广泛应用于物流、机电、航空、电子、机械、汽车、邮电、铁路、食品、石化、文教、医药、烟草、超市、服装金融等行业，产品畅销全国各地。

In order to meet national and global demand from time to time to adapt to increases such as the WTO after the more intense market competition, from 2002 onwards, CHIGO comprehensive introduction of new technologies, new products, provides a more competitive product portfolio, in the original sub-body wall type, cabinet, window based on three categories, an increase of CMV intelligent variable frequency central air-conditioning, ceiling embedded, frequency dragging one second, one dragging three or more than one trailer, such as new products, the formation of the six categories, 14 series , more than 220 species of strong product line-up has become the industry's most extensive family of products, varieties of different specifications, one of the most complete.

为满足全国以至全球时常的需求，适应加如WTO后更为激烈的市场竞争，从2002年度开始，志高全面推出新技术、新产品，提供了更具竞争力的产品组合，在原有分体壁挂式、柜式、窗式三大类基础上，增加了CMV智能变频中央空调、天花嵌入式、变频一拖二、一拖三、一拖多等新产品，形成了六大类、14个系列、220多个品种的强大产品阵容，成为业内产品系列最丰富、品种规格最齐全的企业之一。

Production of the two-foot rotating spindle Hang Fengji for the national initiative, set quilted and embroidered in one, two rows of needle-foot portfolio to complete the minimum Embroidery 1-inch, processing thickness from 3 to the single-layer fabrics Points and adapt to a wide range.

生产的两针尺旋梭绗缝机为国内首创，集绗缝和绣花于一体，两排针尺组合完成最小绣品1英寸，加工厚度可以从单层布料到3公分，适应范围广。

"This revised and expanded fourth edition of Andy Warhol Prints: A Catalogue Raisonne 1962-1987, with 1700 illustrations and full documentation, presents the artist's complete graphic production, from his first unique works on paper in 1962 through his final published portfolio in 1987, including trial proof prints and unpublished prints."

&这是《沃霍尔版画作品全集》第四版修订增补本，按时间顺序收录了 Andy 自1962到1987年间的版画作品，有 1700张图片和满满的相关资料。该书展示了这位艺术家所有的版画作品，从1962年第一辑奇特的版画到1987年最后出版的画作，包括未完成的版画样张和其他未出版的作品。&

Measuring Tool Factory franchise ultra-high-precision test line, assembly, welding and large flat-panel San Zuobiao measuring machine working platform, central processing platform based equipment, laboratory equipment based platform, large aircraft test platform portfolio, dynamometer at the end of the Airport Railway Board and iron at the end of track, coordinate measuring instrument, crossed machines.

量具分厂专营超高精度检验、划线、装配、焊接平板和大型三座标测量机工作平台，加工中心设备基础平台，实验室设备基础平台，大型飞机检测组合平台，测功机铁底板，铁底轨，三坐标测量仪，划线机等。

Neither the killing of Mr Zarqawi nor any breakthrough on the political front will stop the insurgency and the fratricidal murders in their tracks.

在对危险的南部地区访问时，他斥责什叶派民兵领导人对中央集权的挑衅行为。

In fact,I've got him on the satellite mobile right now.

实际上 我们已接通卫星可视电话了