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The line separating investment and speculation, which is never bright and clear, becomes blurred still further when most market participants have recently enjoyed triumphs. Nothing sedates rationality like large doses of effortless money. After a heady experience of that kind, normally sensible people drift into behavior akin to that of Cinderella at the ball. They know that overstaying the festivities - that is, continuing to speculate in companies that have gigantic valuations relative to the cash they are likely to generate in the future - will eventually bring on pumpkins and mice. But they nevertheless hate to miss a single minute of what is one helluva party. Therefore, the giddy participants all plan to leave just seconds before midnight .

投资与投机之间永远是一线之隔,尤其是当所有市场的参与者都沉浸在欢愉的气氛当中时更是如此,再也没有比大笔不劳而获的金钱更让人失去理性,在经历过这类经验之后,再正常的人也会像参加舞会的灰姑娘一样被冲昏了头,他们明知在舞会中多待一会-也就是继续将大笔的资金投入到投机的活动之上,南瓜马车与老鼠驾驶现出原形的机率就越高,但他们还是舍不得错过这场盛大舞会的任何一分钟,所有人都打算继续待到最后一刻才离开,但问题是这场舞会中的时钟根本就没有指针!

"The line separating investment and speculation, which is never bright and clear, becomes blurred still further when most market participants have recently enjoyed triumphs. Nothing sedates rationality like large doses of effortless money. After a heady experience of that kind, normally sensible people drift into behavior akin to that of Cinderella at the ball. They know that overstaying the festivities - that is, continuing to speculate in companies that have gigantic valuations relative to the cash they are likely to generate in the future - will eventually bring on pumpkins and mice. But they nevertheless hate to miss a single minute of what is one helluva party. Therefore, the giddy participants all plan to leave just seconds before midnight. There's a problem, though: They are dancing in a room in which the clocks have no hands."

投资与投机之间永远是一线之隔,尤其是当所有市场的参与者都沉浸在欢愉的气氛当中时更是如此,再也没有比大笔不劳而获的金钱更让人失去理性,在经历过这类经验之后,再正常的人也会像参加舞会的灰姑娘一样被冲昏了头,他们明知在舞会中多待一会也就是继续将大笔的资金投入到投机的活动之上,南瓜马车与老鼠驾驶现出原形的机率就越高,但他们还是舍不得错过这场盛大舞会的任何一分钟,所有人都打算继续待到最后一刻才离开,但问题是这场舞会中的时钟根本就没有指针!

The line separating investment and speculation, which is never bright and clear, becomes blurred still further when most market participants have recently enjoyed triumphs. Nothing sedates rationality like large doses of effortless money. After a heady experience of that kind, normally sensible people drift into behavior akin to that of Cinderella at the ball. They know that overstaying the festivities - that is, continuing to speculate in companies that have gigantic valuations relative to the cash they are likely to generate in the future - will eventually bring on pumpkins and mice. But they nevertheless hate to miss a single minute of what is one helluva party. Therefore, the giddy participants all plan to leave just seconds before midnight.

投资与投机之间永远是一线之隔,尤其是当所有市场的参与者都沈浸在欢愉的气氛当中时更是如此,再也没有比大笔不劳而获的金钱更让人失去理性,在经历过这类经验之后,再正常的人也会像参加舞会的灰姑娘一样被冲昏了头,他们明知在舞会中多待一会-也就是继续将大笔的资金投入到投机的活动之上,南瓜马车与老鼠驾驶现出原形的机率就越高,但他们还是舍不得错过这场盛大舞会的任何一分钟,所有人都打算继续待到最后一刻才离开,但问题是这场舞会中的时钟根

"The line separating investment and speculation, which is never bright and clear, becomes blurred still further when most market participants have recently enjoyed triumphs. Nothing sedates rationality like large doses of effortless money. After a heady experience of that kind, normally sensible people drift into behavior akin to that of Cinderella at the ball. They know that overstaying the festivities - that is, continuing to speculate in companies that have gigantic valuations relative to the cash they are likely to generate in the future - will eventually bring on pumpkins and mice. But they nevertheless hate to miss a single minute of what is one helluva party. Therefore, the giddy participants all plan to leave just seconds before midnight. There's a problem, though: They are dancing in a room in which the clocks have no hands."

C n! h9 u5 O C: C昆山,bbs,论坛,昆山BBS,昆山论坛,kb,kbcool 投资与投机之间永远是一线之隔,尤其是当所有市场的参与者都沉浸在欢愉的气氛当中时更是如此,再也没有比大笔不劳而获的金钱更让人失去理性,在经历过这类经验之后,再正常的人也会像参加舞会的灰姑娘一样被冲昏了头,他们明知在舞会中多待一会也就是继续将大笔的资金投入到投机的活动之上,南瓜马车与老鼠驾驶现出原形的机率就越高,但他们还是舍不得错过这场盛大舞会的任何一分钟,所有人都打算继续待到最后一刻才离开,但问题是这场舞会中的时钟根本就没有指针!

Theline separating investment and speculation, which is never bright andclear, becomes blurred still further when most market participants haverecently enjoyed triumphs. Nothing sedates rationality like large dosesof effortless money. After a heady experience of that kind, normallysensible people drift into behavior akin to that of Cinderella at theball. They know that overstaying the festivities - that is, continuingto speculate in companies that have gigantic valuations relative to thecash they are likely to generate in the future - will eventually bringon pumpkins and mice. But they nevertheless hate to miss a singleminute of what is one helluva party. Therefore, the giddy participantsall plan to leave just seconds before midnight.

投资与投机之间永远是一线之隔,尤其是当所有市场的参与者都沉浸在欢愉的气氛当中时更是如此,再也没有比大笔不劳而获的金钱更让人失去理性,在经历过这类经验之后,再正常的人也会像参加舞会的灰姑娘一样被冲昏了头,他们明知在舞会中多待一会-也就是继续将大笔的资金投入到投机的活动之上,南瓜马车与老鼠驾驶现出原形的机率就越高,但他们还是舍不得错过这场盛大舞会的任何一分钟,所有人都打算继续待到最后一刻才离开,但问题是这场舞会中的时钟根本就没有指针!

McCain, who has made frequent trips to Iraq, says he knows the horrors of war better than most, and that only a fool or a fraud sentimentalizes war.

麦凯恩多次到伊拉克访问。他说,他比大多数人都了解战争的恐怖。他说,只有傻子或是骗子才会认为战争很浪漫。

As his teammates slogged through a loss that ended at 3:30 a.m. and followed a 241-minute rain delay, Wang was resting back at the hotel.??

正当他的队友昨夜因雨而长达241分钟的延迟,直到凌晨3:30才比完输球的比赛中步履艰辛的打著球时,王在旅馆休息。

Only a real princess would be used to sleeping in a softer bed than that.

只有一个真正的公主才会习惯睡一张比那更软的床。

For instance when the evicted tenants question, then at its first inception, bulked largely in people's mind though, it goes without saying, not contributing a copper or pinning his faith absolutely to its dictums, some of which wouldn't exactly hold water, he at the outset in principle at all events was in thorough sympathy with peasant possession as voicing the trend of modern opinion (a partiality, however, which, realising his mistake, he was subsequently partially cured of) and even was twitted with going a step farther than Michael Davitt in the striking views he at one time inculcated as a backtothelander, which was one reason he strongly resented the innuendo put upon him in so barefaced a fashion by our friend at the gathering of the clans in Barney Kiernan's so that he, though often considerably misunderstood and the least pugnacious of mortals, be it repeated, departed from his customary habit to give him one in the gizzard though, so far as politics themselves were concerned, he was only too conscious of the casualties invariably resulting from propaganda and displays of mutual animosity and the misery and suffering it entailed as a foregone conclusion on fine young fellows, chiefly, destruction of the fittest, in a word.

比方说,佃户被迫退租的问题当时刚刚冒头,引起民众极大的关注。不用说,他本人连分文也不曾捐赠给这一运动,而且其纲领也并非完全没有漏洞。他不能把信念绝对地寄托在上面。他认为佃户拥有耕作权符合当代舆论的趋势,起初作为一种主义他全面地赞成;及至发现弄错了,就部分地纠正了自己的偏见。由于他竟然比到处游说耕者应有其田的迈克尔。达维特的过激意见甚至还进了一步,从而遭到嘲笑。正因为如此,当这帮人聚在巴尼。基尔南酒馆露骨地讽刺他时,他才那么强烈地感到愤慨。尽管他经常遭到严重的误解,再重复一遍,他仍不失为最不喜欢吵架的人。然而他却一反平素的习惯,朝着对方的肚子给了一拳。就政治而言,他对双方相互充满敌意的宣传与招摇所必然导致的伤害事件及其不可避免的结果——主要是给优秀青年带来不幸与苦恼——一句话,对适者灭亡的原则理解得再透彻不过

But, such woman who is not afraid of the emperor was more worthier to be treasured than the women only knew to flatter me in the palace.

不过,这种见到皇帝都不害怕的女子和自己宫中那些只会阿谀逢迎的女人比起来,才是真正值得去珍惜的女人。

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