投资收益

In this article,based on the twolevel algorithm of selforganization and by applying the method of combinatorial investment ,we set up GMDHtwolevel algorithm security combinatorial investment prospective proceeds model.

以自组织理论两水平算法为基础，采用组合投资方法，在证券投资GMDH两水平算法预测模型的基础上，建立了GMDH两水平算法的证券组合投资预期收益模

At present, the enterprise annuity investments are based mainly on the "pension fund management business on a trial basis", investment bank demand deposits, the central Bank notes, bonds buy-back short-term liquidity, and other products and the ratio of money market funds, funds of not less than 20% of net assets; investment bank time deposits, deposit agreements, bonds, Jinrong Zhai, corporate debt, and other fixed-income products and Debt conversion, the ratio of bond funds, the fund does not exceed 50% of net assets.

目前，企业年金投资的依据是"养老基金管理业务，主要是试行"，投资银行活期存款，央行票据，债券回购的短期流动资金，以及其他产品和货币市场基金的比例，不低于净资产的20％资金，投资银行定期存款，协议存款，债券，锦荣翟，公司债务，以及其他固定收益产品和债务转换，债券基金的比例，不超过基金资产净值的50％。

Bond investment is a very professional investment environment in a rate cut, your investment income, capital gains will be far more than traditional bond interest income.

债券投资是在一个降息非常专业的投资环境，你的投资收入，资本收益将远远超过传统的债券利息收入。

Over the decades, you would keep theallocation constant through annual rebalancing and would reinvest allstock dividends and bond income.

再假设你在此后的20多年中每年都将投资组合的资金分配重新调整到这一比例，并将投资获得的股息和债券收益全部用于再投资。

Over the decades, you would keep the allocation constant through annual rebalancing and would reinvest all stock dividends and bond income.

再假设你在此后的20多年中每年都将投资组合的资金分配重新调整到这一比例，并将投资获得的股息和债券收益全部用于再投资。

Look-Through Earnings Reported earnings are a poor measure of economic progress at Berkshire, in part because the numbers shown in the table presented earlier include only the dividends we receive from investees -- though these dividends typically represent only a small fraction of the earnings attributable to our ownership. Not that we mind this division of money, since on balance we regard the undistributed earnings of investees as more valuable to us than the portion paid out.

完整透视盈余我们认为帐列盈余很难表现伯克希尔实际的营运状况，部份原因在于列示在本公司帐上的股利收入，事实上仅占被投资公司收益的一小部份，其实我们并不要求盈余一定要分配，事实上对我们而言，我们更重视未分配的那一部份，因为他们极可能为我们创造出更高的价值，原因很简单，因为我们的被投资公司往往比母公司更有机会把资金投入到高投资报酬的用途之上，既然如此又何必一定要强迫他们把盈余分配回来呢？

"If you don't diversify, if you don't have a balanced portfolio, if you don't balance the interest between the remainderman and the income beneficiary, if you don't look at modern portfolio theory and then apply a fiduciary overlay to that, and if your investments don't perform, then you will bear responsibility," says Joanne Johnson, head of US fiduciary and wealth advisory for JPMorgan Private Bank.

摩根大通私人银行美国受托与财富咨询业务负责人乔安妮·约翰逊表示："如果你不去进行多样化投资，如果你没有一个平衡的投资组合，如果你不去平衡不动产继承人与收益受益人之间的利益，如果你不去学习现代投资组合理论，然后应用在受托资产管理外包方面，如果你的投资回报不佳，那么你将承担责任。"

Retained earnings of direct investment are included in data on investment income, but this is not the case for portfolio investment.

直接投资的留存收益包含在投资收入数据中，但对于组合投资却并非如此。

Business Combination, if a long-term equity investment is generated from a business combination under common control, the unamortized equity investment difference shall be entirely sterilized, the retained earnings shall be modulated, and the book balance of the long-term equity investment after the sterilization of the equity investment difference shall be considered as the cost recognition on the date of initial implementation.

根据《企业会计准则第20号--企业合并》属于同一控制下企业合并产生的长期股权投资，尚未摊销完毕的股权投资差额应全额冲销，并调整留存收益，以冲销股权投资差额后的长期股权投资账面余额作为首次执行日的认定成本。

Economic growth depends on the accumulations of the human capital and the physical capital,which are decided by the level of technology.

教育作为一种投资行为，无论是哪个投资主体，在做出人力资本投资决策时，都要考虑投资的未来预期收益。

On the other hand, the more important thing is because the urban housing is a kind of heterogeneity products.

另一方面，更重要的是由于城市住房是一种异质性产品。

Climate histogram is the fall that collects place measure calm value, cent serves as cross axle for a few equal interval, the area that the frequency that the value appears according to place is accumulated and becomes will be determined inside each interval, discharge the graph that rise with post, also be called histogram.

气候直方图是将所收集的降水量测定值，分为几个相等的区间作为横轴，并将各区间内所测定值依所出现的次数累积而成的面积，用柱子排起来的图形，也叫做柱状图。