提醒

The following table sets forth our 1996 look-through earnings,though I warn you that the figures can be no more than approximate, since

各位可以从下表看出我们是如何计算出1996年透视盈余的，不过我还是要提醒各位

We also believe that investors can benefit by focusing on their own look-through earnings.

各位可以从下表看出我们是如何计算透视盈余的，不过我还是要提醒各位这些数字有点粗糙，(被投资公司所分配的股利收入已经包含在保险事业的净投资收益项下)我们也相信投资人可以透过研究自己的透视盈余而受益，在算这个东西时，他们就会了解到其个别投资组合所应分配到的真正盈余的合计数，所有投资人的目标，应该是要建立一项投资组合可以让其透视盈余在从现在开始的十年内极大化。

If our intrinsic value is to grow at our target rate of 15%, our look-through earnings, over time, must also increase at about that pace.

各位可以从下表看出我们是如何计算透视盈余的，不过我还是要提醒各位这些数字有点粗糙，(被投资公司所分配的股利收入已经包含在保险事业的净投资收益项下)。

The following table sets forth our 2000 look-through earnings, though I warn you that the figures can be no more than approximate, since they are based on a number of judgment calls. The dividends paid to us by these investees have been included in the operating earnings itemized on page 15, mostly under Insurance Group: Net Investment Income.

第 42 页共 56 页 www.buffettism.com 巴菲特研究中心 Research Centre for Buffettism 各位可以从下表看出我们是如何计算出 2000 年透视盈余的，不过我还是要提醒各位这些数字只不过是估计数，很多都是基于简单的判断，(被投资公司所分配的股利收入已经列在 15 页的营业利益之内，大部分包含在保险事业的净投资收益项下)。

We are always reminded that tragedy is not really far removed from comedy, so we never get a lop-sided view of things.

人们经常提醒我们悲剧实际上离喜剧不远，因此我们决不能有偏重一方的观点。

For this, he thought, is the god of heaven, the mischievous lop a olive branches.

这一遭，他想，是上帝促狭的提醒，自天国垂下一根橄榄枝。

The cross-party committee which includes Lord Woolf, a former lord chief justice, and two former attorneys general, Lord Morris and Lord Lyell, warns that "pervasive and routine" electronic surveillance and the collection and processing of personal information is almost taken for granted.

前首席大法官lord woolf以及二名前检察总长所在的跨党系委员会提醒说，普遍的电子监视以及对个人信息的收集和加工被认为是理所当然。

You keep reminding me but I keep forgetting and lose patience.

你一直提醒我，但是我总是忘记，并且失去了耐心。

Today is the day to remind yourself that you posses the power and strength you need to bring contentment, lovejoy into your life.

今天你要提醒自己，你有足够的能力和力量，把满意，爱情和欢乐带进你的生活。

I would also like to remind you, a man or a low-key Oh!

我也想提醒你一下，做人还是低调哦！

The split between the two groups can hardly be papered over.

这两个团体间的分歧难以掩饰。

This approach not only encourages a greater number of responses, but minimizes the likelihood of stale groupthink.

这种做法不仅鼓励了更多的反应，而且减少跟风的可能性。