Secondly, the degree of the market difference is enlarging.

其次，市场差异化程度扩大。

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The four path of actualizing differentiation strategy are: product difference, the market difference, the service difference and image difference.

差异化战略的实施途径一般分为产品差异化、市场差异化、服务差异化和形象差异化四个方面。

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When it comes to revival of tradition, above all, we pay attention to Blue Sea Strategy: make our products unique, discover market difference and reach certain level.

谈到传统的复兴，首先我们注重的是“蓝海策略”：如何做到与众不同，寻找市场的差异化，并且做到一定的高度。

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Let's say this is a repurchase of some of your shares at market price, sending the same check, so what's the difference?

就说我们以市价购回你的一些股票,然后寄过去同一张支票,这有区别吗

耶鲁公开课 - 金融市场课程节选

But, when you move from lending money to the government -either short-term with bills or longer term with bonds -to investing in the equity market, there's a stunning difference in terms of the returns.

当你转变投资方式,从借钱给政府,即通过短期债券或长期债券的形式,变成投资于股票市场,回报率的差别会大到让你吃惊

耶鲁公开课 - 金融市场课程节选

The other thing that I mentioned last time was that there seems to be a really big difference between the expected return on the stock market and the expected return on short-term debt.

上节课提到的另一条内容是,股票市场的预期收益,与短期债券的预期收益,存在着巨大差异

耶鲁公开课 - 金融市场课程节选

What if they retract the roof at half-time, will the market split the difference?

FORBES: Cowboys Stadium Retractable Roof To Send Markets Tumbling

But having a well-thought out written asset allocation and investment plan which by definition addresses the investor's need for liquidity during periods of severe market choppiness can make all the difference in being in the market on those handful of days that drive the majority of market returns in any given year.

WSJ: The Experts: Lessons from the 2008 Meltdown

One massive corporation has the same bottom-line result as another and Wal-Mart edging out or buying out some competitors in an established market makes absolutely no difference.

FORBES: Why Wal-Mart Is Bad News For Africa