它们很复杂，所以一般的原则是只有可信投资者才能参与其中。
They're complicated, so the general rule has been that only accredited investors should participate in them.
找到一种植物，[辨别它的确切用途]然后申请专利并制成药物所需要的平均时间是十到十五年，[所以]这是一项长期投资。
Ten to fifteen years is the average time between finding the plant, [identifying its exact use] and patenting it into a drug [so] it is a long-term investment.
所以即使国外投资者开始减持债券，这些债券也只是整个债券市场的一小部分。
Even if foreign investors began to unload their bonds, they account for a small part of the overall market.
我之所以留在场内，并不是因为我是一个特别勇敢的投资者。
I didn't stay in the market because I'm an especially courageous investor.
法院认为科学亚特兰大公司和摩托罗拉公司没有做出任何使投资者信赖的陈述，所以他们不承担计划责任。
The court found that because neither Scientific Atlanta nor Motorola made any statements that had been relied on by the investors, they bore no scheme liability.
正因为大家发现，现代金融手段有缺陷，所以银行家和投资者才不得不蒙受损失。
Bankers and investors need to suffer precisely because the methods of modern finance have been found wanting.
“但是美联储悄悄地带点强权地态度去摸投资者的口袋，所以没有人问及成本问题，”他写道。
But "because the Fed picks investors' pockets silently and forcibly... no one asks questions about cost," he writes.
所以地产市场全球化的关键在于REIT（或称之不动产投资信托）的成长。
So the key to the globalisation of the property market has been the growth of the REIT, or real-estate investment trust.
因为投资收益是银行级的测度，而所付利息是派生的测度，所以净利润也是派生的测度。
Since the investment return is a bank-level measure and Interest Paid is a derived measure, the Gross Profit is also a derived measure.
直到上周前后，投资者之所以对中国西部水泥缺乏兴趣，部分原因在于该公司首席执行官张继民持有53%的股份。
Part of the reason for a lack of investor interest in the company until the last week or so is the fact that Jimin Zhang, chief executive, holds a 53 per cent stake.
奥尔森面临的难题，作为前职业冰球手的他没受过专门的商业训练，所以需要一位买家或投资者帮他打开产品销路。
The hard task ahead for Olson, a former professional hockey player with no formal business training, is to find a buyer or investors who can help him mass-market the product.
分析师们说，日圆近期之所以走强，部分原因是日本投资者为尽量降低风险开始抛售外国资产、买入日圆汇回国内。
One reason for the yen's recent rise, analysts say, is that Japanese investors, in a bid to minimize risk, are selling foreign assets and purchasing yen in order to repatriate the proceeds.
所以我飞去百慕大，我们最大的投资者住在那儿，问是否能再给我们一些钱？
So I flew to Bermuda, where our biggest investors live, and asked can we have some more money?
毕竟股东是我们的投资方，他们拥有公司的资本，所以他们应该对公司的决策有发言权。
The Stockholders are our investors. They own the capital in our company, so they should have say about what is done with the company.
所以我问他们要不要给他们介绍其他几个投资者。
So I asked them if they wanted me to introduce them to more investors.
价值投资人损失客户，所以他们卖出，而不是买入。
Value investors were losing clients and so were selling not buying.
所以，比如说在作出一个关于你的股票投资组合之前或许你应该喝一瓶水。
So maybe you should drink a bottle of water before making a decision about your stock portfolio, for example.
许多亚洲国家的利率水平虽然相对还比较低，但仍然要高于日本和美国。所以，投资者能够在亚洲赚到更多的钱。
Interest rates in many Asian countries, while relatively low, are still higher than in Japan and the United States so investors make more money here.
所以当投资者担忧于欧洲债务危机等情况时，就算实际需求有可能是在不断增强，大宗商品的价格仍有可能急剧下挫。
So when investors get worried by things like what's going on in Europe, commodity prices can fall sharply even though actual demand for commodities may be running higher.
所以，这对投资者会是一场持久战。
因为美元仍是全球储备货币，所以美联储所作的决定会影响全球的投资者。
Since the dollar is still the global reserve currency, Fed decisions affect investors all round the world.
股市投资者比美国国债持有者更容易受到惊吓，所以评级下调可能会对道指带来更大冲击。
Stock investors are more easily rattled than Treasury holders, so the downgrade might be a bigger deal for the dow.
所以，我们必须行动起来，无论国外还是国内，使所有投资者相信，他们仍然可以对美国金融市场的公平公正和诚实充满信心。
To do that, we've got to move now to assure investors, here and abroad, that they can believe in the fairness and honesty of the U.S. financial markets.
投资者自然需要为此得到补偿，所以市场流动性风险增加了投资者的要求收益。
Investors naturally want to be compensated for this, so market liquidity risk increases the required return.
冰岛之所以破产，是因为一群渔民竟然相信自己的国家已经成为一家巨型投资银行。
Iceland went bust because a country of fishermen was deluded into thinking it had become a giant investment bank.
鉴于该基金更希望抬高其预估的非流动性资产，所以就会看到，早些时候撤回的投资人，在那段时间得到了较好的回报。
Given that the fund is more likely to inflate its estimation of the illiquid assets, it would seem that investors who withdraw early get the better returns over that time period.
所以在2009年有一点是可以肯定的：投资者关系部门将会比以前更忙。
So here is one forecast for 2009 that is certain to come true: investor-relations departments will be busier than ever.
所以在2009年有一点是可以肯定的：投资者关系部门将会比以前更忙。
So here is one forecast for 2009 that is certain to come true: investor-relations departments will be busier than ever.
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