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。
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
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。
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
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