What really matters to you as an investor is how much you have to pay today to get $100 in sixty days.
对于一个投资者来说,重要的是,现在你需要支付多少钱,才能在60天后获得100美元
And the question is, so how many pigs does he have, and how many chickens does he have? Wow. What a deep problem, right? But you're going to see why we're going to use this in a second. So you know how to solve this, this is a fifth-grade problem, right?
为了避免歧义,这些猪和鸡都是健全的,现在问题是它到底有多少只猪和鸡呢?,多深刻的一个问题啊,对吗?,但是你将要看到的是,我们为什么要举这个例子,你知道如何解答这个问题?
What is it today? Does anyone know?
现在税率是多少呢,有人知道吗
So, call it a tie but then there's a lot more colleges that aren't yours than the one-- How many of you would you--say your best friend is somebody your-- currently on your same floor?
不分上下,但考虑到在耶鲁以外,还有那么多大学…,你们当中有多少人最好的朋友是-,现在和你在同一层楼上课的?
R is going to be a fix number R times You don't know what it is right now.
等于一个常数 R 乘以,你现在还不知道它是多少
What's the tax rate of dividends today?
现在的股息税税率是多少呢
Where should the mean be now?
现在的平均值会是多少?
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