But it's absolutely essential--so the shares only mean something as a relation to their total number of shares.

这是十分必要的,所有股票只有在,和总体股本数量联系起来看时才有意义

耶鲁公开课 - 金融市场课程节选

It doesn't mean anything until you know how many shares are outstanding because if I own one thousand shares and then you look it up and find out how many shares are outstanding-- there are one thousand-- you say, hey I own the whole company.

这毫无意义,除非你知道总共发行的股票数量,如果你有十手股票,但后来发现,总共发行的股票数量,就是一千股,你就可以说,整个公司都是我的

耶鲁公开课 - 金融市场课程节选