• So, they are selling widgets or whatever and making money-- the value of the company is the present value of that cash flow.

    不管通过什么方式赚钱,即便小商品...,公司的价值等于现金流的现值

    耶鲁公开课 - 金融市场课程节选

  • I mean, the equivalent of a healthy teenage male slave, if you could sell him for $1000.00 in 1860 it's about the same price of a good Toyota Camry today.

    我的意思是,一个健康的十几岁的男性奴隶的价值,假如你在1860年把他到一千美金的话,那么在今天就大约相当于,一辆不错的丰田佳美汽车的价格

    耶鲁公开课 - 美国内战与重建课程节选

  • If a company--if its stock sells for less than its assets are worth then the company maybe should be broken up and the assets taken and given somewhere else because the low stock price indicates a problem.

    如果一家公司---如果它的股票的,比它的资产价值低,那么这家公司也许就应该破产,并且,它的资产就应该被占用或分配到其他地方,因为低的股票价格预示着一个危机。

    耶鲁公开课 - 金融市场课程节选

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