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One is the bid, which is what they'll pay you for a Treasury bill if you want to sell to them.
一个是买入价,就是买方愿意支付给卖方的报价,如果你想卖给他们的话
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That's on tape, that's you know, you get on the early VHS and recording tapes as well, cassette players.
会卖磁带，你得用早期的家用录像系统、录音磁带或录音机播放。
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They wouldn't be dealing with that They wouldn't--they deal--their customers are companies and they wouldn't do that either.
投行不会卖给你的,他们的客户是公司,他们不会卖给你的。
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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年把他卖到一千美金的话,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
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If the other guy is pricing below costs, you don't want to sell anything, that's the right intuition.
如果另一家公司定价低于成本,你不想卖任何产品,这是正确的经济学直觉
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And they're going to sell you these machines for tens of millions of dollars.
并且将卖给你这些机器,要数千万美元。
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So, you send it off to a middleman who does the turning of the grapes and the olives into the liquids that are necessary, and he takes a good bit of the profit.
你可能会将它们卖给中间商,他们知道如何将葡萄和橄榄榨成液体,然后从中收取可观的利润
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And so if you can cut out all of that advertising budget, then you can sell the product for much cheaper.
所以如果你把广告预算都去掉，产品就可以卖得便宜很多。
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So you need to pick that up. It's at the Yale bookstore.
所以你需要开始读这本书，在耶鲁书店里有卖。
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If you write a song, and you should be able to sell that the rights to that song online
如果你写了一首歌，你应该能在网上卖它的版权，
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Just get to know people and you're, you almost want to make it as if you're not trying to sell something,
试着去了解客户，你要让人们觉得你并不只是为了卖东西，
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Something like video games. So kids play video games but this model shop may continue to sell these complicated models. The next I want to show you is a sight I explore father-son relationship.
所以孩子们玩电子游戏,而这家模型店继续卖这些,复杂的模型，下面我要展示给你的是,是我探索父子关系方面的一段视频。
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Other clothes, probably definitely check out Saks 5th Avenue. It's really nice,
其它卖衣服的地方，你可以去萨克斯第五大道。那里很不错，
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What do you think of food that is sold here?
你觉得这里卖的食品怎么样？
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You're a writer. How do you sell your books?
你是位作家。你都怎么卖你的书？
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It's just the person who's selling, you know?
问题在于是谁在卖这些东西，你知道吧？
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They'd get business back from who you sell it to.
他们只会把业务从你卖给的那个人手里再买回来。
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You can't stick your bad paper to the banker who knows everybody in the town; he'll figure it out and that's the -and so that's the problem that's solved by bankers.
你休想把垃圾债权随便卖给银行家,因为他对这个圈子了如指掌,他定会识破的,因此银行家们就解决了逆向选择问题
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you can make a good product and then sell it using advertisements,
你可以生产好的产品然后通过广告把它卖出去，
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The trouble with this country is we don't have a lot of that. We don't have a lot of natural resources to sell ? them. Your question really--what this country does?
但这个国家的麻烦就是我们没有那么多原产品,我们没有那么多自然资源卖给他们,你的问题真的--这个国家都做什么呢？
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Here it goes in the middle, and if you look carefully there, I didn't really make it clear enough, you can see, suddenly a strategy that looked crazy shooting to the middle, that suddenly started to seem okay.
这是中路射门的情况,如果你仔细看,我可能画的不是很清楚,你会发现曾经卖傻似的中路射门法,现在竟然一下子变成香饽饽了
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