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Science is very hostile to innovation when it challenges existing theory, sort of like management, the same thing.
科学对创新是有敌意的,当创新在挑战已存在的理论，跟管理一样，同样的道理。
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And I was pretty excited about a lot of, kind of engineering and entrepreneurial programs
有这么多管理和创业项目，我真的很兴奋，
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In any private cooperation, there is a final line between what is good for management and what is good for shareholders.
在任何一个私人企业里，总是有一条底线划分,怎样对管理有利,怎样对股东有利。
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Potidaea every year received magistrates who governed their city from Corinth and this was not imposed, this was not by force, this was by mutual agreement.
迁徙地每年都会有科林斯派来,管理城市的行政官,但这并非强制之举,它并不靠武力维持,只是双方的协议
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Shortly after I came here to Yale, and I started realizing that people thought I was a harder grader than most other Yale professors, I called the administration and asked, ?" "Do you have this sort of information?"
我刚来耶鲁没几天，就发现人们认为,我在评分上比大部分其他耶鲁教授更严格，我打电话问管理处，“你们是不是有这方面的信息“
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So, if those are the distinctive characteristics that earn the human being certain rights over creation But also give them duties towards creation, And the human is distinct from animals In being created in the image of God, To be godlike is to perhaps possess some of these characteristics.
那么，如果这些都是与众不同的特点,它们让人类有权利管理其他创造物,但是也让他们对其他创造物负有责任，人类与其他动物不同,因为他们是依照上帝的形象所创造，与上帝相像便可以获得一些这样的特点。
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And you have your own dean and master who are administrators for the university
每个学院里都有学监和院长，他们共同管理着学校。
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If you are experienced, if you have, say, better ways of managing engineering team, this is a very good space you can be in.
如果你经验丰富，如果你有更好的管理方式，百度欢迎你加入。
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So, here's the reading. So, for example today, there is a vision statement, administrative details and I'm going to get a little bit of teaching towards the end. And, if you wanted to, you could crack the book and look at chapter one.
这是阅读材料，例如说，今天，有一个远景说明，行政管理的细节,末尾的时候我会讲一些教学的内容,如果你们想要的话，你可以打开那本书，翻到第一章。
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And for the Presbyterian Party in 1644, it turns out there are in fact a number of factions to control and to manipulate and to regulate.
在1644年，对于长老派来说，最终发现事实上有很多派系需要控制,需要操纵和管理。
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And the winery had a management rotation program.
这个酒庄有一个管理轮岗项目。
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If you read his Pioneering Portfolio Management on the syllabus, he really has a preference for equities.
如果你阅读他的著作《开拓投资组合的管理》的摘要,他确实对股票有偏好。
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Mr. Carl Icahn: Okay Student: Mr. Icahn, why does the United States have ? bad corporate governance ? and which countries have better models?
卡尔·伊坎先生：好的,学生：伊坎先生，为什么美国的,企业管理这么糟糕,哪个国家有好点的企业经营模范呢？
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If we had the proper risk management institutions in place, people would have anticipated this risk and would have made swaps or other arrangements to protect themselves against it.
如果我们有合适的风险管理机构，人们能够预料到这种风险,能够提前进行交换或者其他安排,保护自己免受损失。
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They have risks that their overhead won't cover their risk is that a steady stream of people won't come and be making a steady stream of bets at which each of them has a slightly negative expectation.
他们的风险是能否支付管理费用,他们的风险是不再有稳定的客流来消费,同时每一个人都怀着一丝消极的期待,下源源不断的赌注。
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It doesn't work so easily to share with those people along the lines that these communities--I think these communes tend to emphasize a social compact, a feeling for each other, a caring for each other, which is a lovely thought but it doesn't achieve risk management on a big scale.
但要实现跟满足这些条件的人分摊风险,绝非易事,这些共同体。。。我指这些公社,倾向于强调一种社会凝聚力，一种人与人的深情和关怀，这个想法听上去很美,但无法实现大规模有成效的风险管理。
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There's a very important phenomenon that you need to take into account when you look at these histories of returns that are generated by active managers.
当查阅这些主动管理型基金经理,留下的历史收益记录时,有个很重要的现象
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They also went back to the El Camino Community College Library and they interviewed the librarians and tried to ask them, do you remember somebody coming here that didn't look like a student?
他们还找到埃尔卡米诺学院图书馆,还询问了图书管理员,是否有看起来不像学生的人,来过图书馆呢
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Mr. Carl Icahn: Alright, we have bad corporate governance it's evolved into this. I don't think that Washington understands how bad it is; nobody's really focused on it.
卡尔·伊坎先生：，嗯，我们的企业管理是很糟糕,这种情况也是逐渐发展而成的，我觉得华盛顿的人,并不知道企业管理的有多糟糕，并没有人太注意这个。
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The FHA is still with us and we just had an FHA Modernization Act; Congress is starting to propel that forward I wanted to say a little bit about the math of mortgages.
联邦住宅管理局还在,我们有联邦住宅管理局现代化法,国会正在进一步实施这个法案,我想讲一点抵押贷款的数学知识
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What they argued in this paper was that, if we had perfect risk management, then there would be perfect correlation of consumption across countries because if we get rid of the idiosyncratic risks, then all that's left is planet-wide risks.
他们在论文中的观点是，如果我们有完善的风险管理,那在不同国家之间的消费呈完全相关,因为如果我们消除了特有风险，那只剩下全球范围内的市场风险。
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