• Well, this allows us to try to go back and explain some phenomena that over the years, mounting evidence was building that couldn't be explained.

    好了,这个可以使得我们,返回去然后去解释一些,以前逐年积累的未能解释的现象,我们下节课将讨论。

    麻省理工公开课 - 化学原理课程节选

  • That is, the insurance policy doesn't just insure you against death, it also builds value over the years.

    也就是说,保单不仅仅,补偿死亡带来的损失,它们还会逐年增值

    耶鲁公开课 - 金融市场课程节选

  • That is, when one country's consumption increases from one year to the next, every other country's consumption increases from one year to the next.

    也就是,当一个国家的消费,逐年上升,其他国家的消费,也逐年上升。

    耶鲁公开课 - 金融市场课程节选

  • The price of a share is the price of the ownership of that earnings' stream If I buy a share I'm in with everyone else who owns the company and I have a claim on the earnings' stream, but the earnings' stream is a year-by-year thing.

    每股价格是指,收入所有权的价格,如果我和其他股东一样买了一份股票,那么我就对收益有要求权,但收益是逐年计算的

    耶鲁公开课 - 金融市场课程节选

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