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"But if the economy does well over a long period, markets will do well over a long period," he said. In the short run, the market's a voting machine and sometimes people vote very unintelligently. In the long run, it's a weighing machine and the weight of business and how it does is what affects values over time.
假如经济长期表现得很好,市场也会有一样的表现,短期而言,市场是一台投票机器,而且有时人们投票时非常不明智,但是长期而言,市场是一台体重计,用来测量企业的重量有多少,以及长期影响企业价值的是什么。
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Nothing about that reversion to sanity surprises Buffett, who told Fortune that the shift in the ratio reminds him of investor Ben Graham's statement about the stock market: In the short run it's a voting machine, but in the long run it's a weighing machine.
"一无所知的回归理智惊喜巴菲特,谁告诉财富的转变中的比率提醒投资者他本格雷厄姆的声明关于股市:"从短期来看这是一个投票机,但是从长远来看,它是一个称重机。
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In the process of explicating this analysis, he had utility dominant in the short run and cost of production in the long run.
在这个过程中,他还分析效用主导,在短期内,生产成本。
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On the other hand, as illustrated in Picture B and D, the price drop would become material objects' price drop because of the continuous flow syphonage capital. Pictures stood by Picture B and D can become anti-syphonage theory pictures. The syphonage pictures and anti-syphonage pictures can simply stand for two converse investment opportunities. Under normal situations, commodity's syphonage capital flow can demonstrate a slow increasing situation in the long run. But the situation is usually affected by supply-and-demand situation in the middle and short run. Especially in the type of gurantee sum exchange, the supply-and-demand situation is a major factor affecting commodity price even in a price dominated market. The commodity's ultimate price will comparatively alter when the outer influence changes, and sometimes the price may change to a completely converse direction as expected. In case of the above case, we need to observe and research the influential factors. However the research is not like the Butterfly Theory research on slight variables. Syphonage theory deems that if continuous observance extends more than a certain percentage, such as 10% influential factor, and we continue researching, immediately putting 10% influential factors into research scale, we could finish the all-round research on commodity price analysis.
其中,图A和C表示的图形我们成为正向虹吸图形,B和D代表的图形成为反向虹吸理论图形,这种正向虹吸图形和反向虹吸图形分别可以简单代表两种相反的投机机会,在正常情况下,商品的这种虹吸资金流从远期看会表现出缓慢的上升走势,但在中短期,走势经常受到供求关系影响,特别在保证金交易的品种中,即使是价格操纵的市场中,供求关系也是影响商品价格的主要因素,这种以供求关系为主导的市场中,虹吸终值并不是一成不变的,在外在影响因素发生变化时,商品终值也会相应变化,有时甚至会改变到和预期截然相反的方向,这就需要我们经常对相关影响因素进行跟踪和研究,这种研究并不象蝴蝶理论分析的微小变动因素,虹吸理论认为只要连续跟踪超过一定权重,比如10%影响权重的因素,并持续研究,及时将超过10%影响因素事件纳入调查范围,既可完成对商品价格分析的全面性探索。
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The short-run jobs, often consisting of a three hour make-ready for one hour, or less, of printing time, were making it quite difficult for us to schedule in our long-run work.
短期工作,往往是3个小时做了一小时,或更少印刷时间,准备组成,是使我们很难安排在我们的长期工作。
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Some of the stoats turned quite pink,' continued the Mole, 'and the Sergeant in charge, he said to me, very short, he said, Now run away, my good woman, run away!
&有几个白鼬有点恼怒了,&鼹鼠接着说,那个当班的警官冲我嚷道:'马上滚开,婆子,滚!
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With increasingly fierce competition in the short run, sports results and the continuous improvement. venues and other factors, the continuous updating and improvement of the technical requirements Sprint also constantly rising, Athletics and running in short distance running is the most important projects of a technical aspect of the Dash play a role in determining the Sprint and the 100-meter race is an important one. How to maintain and develop the maximum speed of 100 meters running a large extent determines the sprint results.
随着短距离跑项目的竞争日趋激烈,运动成绩的不断提高,场地和其它因素的不断更新与改善,对短跑项目的技术要求也在不断的提高,而途中跑技术在田径短距离跑项目中是最重要的一个技术环节,对短跑成绩起决定作用,而100米跑是短跑的重要项目之一,如何保持和发展100米途中跑的最高速度在很大程度上决定了短跑的成绩。
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Total integration of gold, silver, blue, green and oil prices between the long-run will be equilibrium, and short-run will not balance.
由共整合检定得知金、银、蓝、绿与石油价格之间存在长期均衡关系,但短期间却一定具有均衡关系。
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It is the science of tracing the effects of some proposed or existing policy not only on some special interest in the short run, but on the general interest in the long run.
它研究的是某些现行政策或者政策建议的后果,不仅仅限于比较短的时期某些特殊利益集团,而且是在长期内对整体的后果。
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It is also a science of seeing general consequences. It is the science of tracing the effects of some proposed or existing policy not only on some special interest in the short run, but on the general interest in the long run.
它研究的是现实经济中人们所提出的或是正在实行的政策的影响,这种影响绝不仅仅限于比较短的时期,或是某一特殊利益集团,它同样包括了某一政策在长期内对整体利益的影响。
- 推荐网络例句
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In the United States, chronic alcoholism and hepatitis C are the most common ones.
在美国,慢性酒精中毒,肝炎是最常见的。
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If you have any questions, you can contact me anytime.
如果有任何问题,你可以随时联系我。
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Very pretty, but the airport looks more fascinating The other party wisecracked.
很漂亮,不过停机坪更迷人。那人俏皮地答道。