If someone were recommending you a stock, you'd first say, what is its dividend?
如果某人向你推荐一支股票,你会问,股利如何
Picking stocks means trying to find a stock that's going to do really well.
挑选股票意味着,发掘一支具有上涨潜力的股票
For example, in looking at a stock, if you ask people to predict a stock market price they think of some number that they saw before and they are overly influenced by that number.
例如,预测股票时,如果让人们去预测一支股票的价格,人们会想起之前见过的数字,并深受其影响
In '98, I forget which way, but one of the share classes 20% was at a 20% discount to the other and that persisted for several years, so you have economically identical things trading at different prices.
在98年,我不记得是为什么,一支这种类型的股票,比另一只股票便宜,而且这种现象持续了好几年的时间,因此你拥有经济意义上完全相同,但是却以不同价格进行交易的东西。
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