I just want to know the bottom line; how much do I have to pay for the whole company?
我只想知道底价,也就是买下整个公司最少要花多少钱
Each of these firms is trying to maximize profits, but how about the total profit in the industry?
每一家公司都尽力实现利润最大化,可整个行业总利润是怎样计算的呢
But in a sense, I don't really own the whole company yet because the company owes money.
但某种意义上,整个公司还不全属于我,因为公司有负债
The first thing I'll say is, when you have a business that's changing very rapidly, if you have five or six meetings a year, it's incredibly hard for somebody on a board to know a whole lot about your business.
我首先要说的是,你的公司发展很快时,如果你每年开五,六次会,董事们会很为难,知道整个公司的情况。
London insurance companies would because the whole concept of insurance is pooling of independent probabilities.
伦敦的保险公司之所以开展火险,是因为整个保险理念,就是将独立事件发生的风险汇聚起来
Of course, this was just a change in stock prices; it wasn't related to any fundamental change in the economy or any fundamental change in corporate prospects.
当然,这只是股价上的变化,整个经济或是各个上市公司,并没有发生根本的变化
What if I wanted to buy the whole kit and caboodle--the whole operation?
如果我想把整个公司都买下来呢
But you know, you kind of wonder if that's a good example for fire insurance because if the whole city burns down, then insurance companies would go bankrupt anyway, right?
但是你也许会疑惑,对于阐述火险来说,这是不是个好例子,因为如果整个城市被烧毁,那么保险公司就会破产,对吧
All it can do is keep piling in the money and accumulating it and then someone will buy the whole company and then all of the shareholders will be bought out at a termination date.
他们吸进资金并不断积累,然后某人会买下整个公司,在终止日期前所有股东的股票都将被买下
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
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