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It's also the opportunity that new companies have, because they don't have the stuff that gets built up inside companies.
同时也是新公司的机遇，因为新公司的一切,都未成型。
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So they bring like... I don't know, business people are like, different companies to like talk with students here
所以他们把……我不知道，把商人，不同公司的商人找来和学生谈话，
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So I put my head down and focused on operation technology, focused on the user's experience, and I delivered.
我选择脚踏实地工作，专注于公司的运营，专注于提升用户体验，这一切我都做到了。
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So this will be the monopoly quantity for Firm 2 and this is the competitive quantity of Firm 1.
这里表示公司2的垄断产出,这里是公司1的完全竞争产出
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We said, "Okay, what's the real potential of this business, and how are we going to draw that out?"
我们说，好，我们公司的,真正潜力是什么，我们又该如何充分发挥我们的潜力“
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Now incidentally, often bank loans to corporations are short-term, technically, so the bank is both lending short and borrowing short.
顺便说一下,技术上讲,银行借给公司的都是短期贷款,银行同时进行短期借贷业务
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The second largest food company is Unilever, and the third is Kraft, which is America's largest food company.
第二大的食品公司的联合利华,第三大的是卡夫,也是美国最大的食品公司
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I read an article a while back about a private fire company, the Salem Fire Corporation, in Arkansas.
我看过一篇关于私人消防公司的文章，在阿肯色州有一家塞伦消防公司。
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For example, maybe you are a partner at your firm and you're working with an associate on a project.
例如，你是公司的合伙人，你和一位同事正在共同跟进一个项目。
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A lot of the stuff that goes on with the company is really organic right now and isn't necessarily formalized.
公司的很多机制都是有机的,并不是很正式。
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I think it makes managing a growing company and a fast-paced movement very, very easy because there is basically one thing that you have to do.
我认为它让一个不断壮大的公司的管理,和快速发展变得，非常简单,因为你必须做一件事。
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The old First Boston Company had some honorable employees and one of the employees was a good friend of mine. He went there in the early 1950s.
旧时的第一波士顿公司的职员,也是尽职尽责，我有位好朋友,在五十年代在那里工作。
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I drove out here with another friend of mine who actually has the same job that I do,
当时我和同公司的一位朋友开车来到了这里，
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But I was not worried because I still have more than half of the cash in my bank account.
但我并不担心,因为公司的银行账户上还有60多万美元。
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We could do a more general job if we wanted to, but for now, let's assume that one of these firms has its shop at one end of the town, and the other one has its shop at the other end of the town.
如果有需要,我们可以做更全面的分析,但现在,先假设其中一家公司的商店,在城市的一边,另一家公司的商店在城市的另外一边
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We give them a list of areas in the business, and they get to select their first, second, third choice.
在我们给出的公司业务的很多领域中，做出第一，第二，第三选择。
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Again, how much quantity would Firm 2 have to produce in order to induce Firm 1's best response to be 0?
重复一遍,公司2的产量是多少时,公司1的最佳对策是产量为0呢
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From that day on, I think we really found what was right for this company.
从那天开始，我们终于找到了,真正适合公司的东西。
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But really, some of them become very apparent and when you look at them you can understand.
但有些公司的情况却会变得很明显,当你考察他们的时候你就会明白。
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And that created enormous challenges, of our capability and systems and process to deal with this tremendous growth and expansion.
这也为我们带来了极大地挑战，公司的能力和机制与,快速的成长和扩张不符。
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Or the insurance company could be a mutual insurance company, in which case the insurance company is owned by the insured.
保险公司也可以是互助保险公司,也就是保险公司的股东就是被保险人
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It was Bear Sterns, whose headquarters is right next to Grand Central Station, if you go into New York.
贝尔斯登公司,这家公司的总部紧挨着大中央车站,你一到纽约就能看到
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If they're sending out money, the value of the company has to go down by whatever they sent out.
如果他们发放现金的话,公司的价值将降低相同数量,不管是以什么方式
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Because if we don't do that, a year from now I don't see the company doubles in revenue and I don't really see the future of this company.
如果不这样做，一年之后，公司的营业额就不能翻一番,那么公司的未来也变得迷茫。
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Moreover, we have regulators who have to regulate insurance companies and make sure that they have adequate capital.
此外监管机构,会规范保险公司的行为,并且确保其拥有充足的资金。
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And they were infused with this culture of listening and action, and whatever-it-takes sort of attitude that was sort of the roots of the company.
并受到了我们公司,倾听和行动的文化熏陶，而且抱有一种不惜任何代价完成任务的心态,这是我们公司的基础。
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John Geanakoplos is actually Chief Economist for a large investment company called Ellington Capital in Greenwich, Connecticut, which you'll see a lot in the news.
约翰·吉纳科普洛斯为一家,位于康涅狄格州格林威治的,名为埃林顿基金的大型投资机构,做首席经济学家,这家公司的大名经常见诸报端
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And we learned a lot about how to do that correctly and arguably became best in the world at managing inventory and dealing with technology transitions after that near-death experience.
我们从中学会了,该如何正确地完成转型,现在可以算是世界上,库存管理地最好的公司之一,也成为了最会应对技术转型的公司。
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There's a very simple reason why real estate tends to be held in limited partnerships rather than corporations and that reason is the corporate profits tax.
人们之所以,通过有限合伙的形式来持有商业房产,而不是以公司的形式来持有商业房产,其原因非常简单,那就是公司利润税
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I want to put down on this axis the return on the stock market and on this axis I want to put the return on one company, let's say Microsoft.
我把这个轴作为股票市场的收益,这个轴作为某个公司的收益,比如说微软
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