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By the end of, like two weeks from now or so, we're going to pass Google in page views.
这样算来，仅需两周，便能超过谷歌的访问量。
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It's launching on Sunday, so if you go home now and Google it. It's really great.
是在周日发布的，所以如果你回去上网搜谷歌，就能找到。真的很不错。
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So, the broker calls you up and says, Google wants to buy all of its shares--I'm being silly here.
然后经纪人给你打来电话说,谷歌想购回所有股份...这当然是我编的
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And if you come and ask a question that you could have easily answered by doing the reading, coming to lecture, or using Google, they're going to have less patience.
所以如果你过来仅仅是问一个,你能很轻松的,通过阅读、上课、或者，在谷歌上搜索就能得到答案的问题，他们会失去耐心的。
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It's true of Windows, it's true of the Sequel Databases from guys like Oracle, the Google guys were at it for a number of years before that thing really took off.
视窗“系统就是这样，甲骨文公司的关系数据库也是这样，谷歌公司的创立者花了很多年,才让一切走上正轨。
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I got this from Google Images, typing in "cute baby," getting rid of the porn and coming on to that.
这幅画我从谷歌图片找的，标题为可爱的孩子“,忘记色情，看着图片。
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In fact, I think Baidu answers more queries in China today than Google does in the U.S.
说实话，中国人使用百度搜索的次数,比在美国人使用谷歌搜索的次数还要多。
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I'm now the CEO of Google.
现在，我是谷歌公司的首席执行官。
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And last year to did we hand students Google maps, Google news, asked them to mash those two very familiar real world products together so that they had a map of the United States, little markers sprinkled throughout, that indicated exactly where there were current events going on.
去年我们给学生提供了谷歌地图和谷歌新闻，要求他们把这两个熟悉的实时世界,产品结合到一起，这样他们就有了一个美国地图,上面到处都是一些小图标，它们能够精确地标记出,当前事件发生的地方。
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And to do that, we're doing this taco truck thing and we're also purchasing Facebook ads and Google ads and doing the standard thing and looking into print media and the Union of Accountants because they might be influencers and their trade magazines.
为了做到这个，我们要做这个塔克卡车的东西并且,我们要购买Facebook的广告,和谷歌的广告，然后让它们标准化,在平面媒体和,会计联合会中寻找机会因为,它们很可能成为影响因素，他们的贸易杂志也很有影响力。
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Then you might--well let me ask you this, what would happen if Google decided to buy up all of its shares?
你也可能,我来问问你,如果谷歌决定购回它所有的股票会怎么样呢
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I'm the CEO of Google and I call the broker and I say, how many shares are outstanding?
如果我是谷歌的执行总裁,我给经纪人打电话问,一共发行了多少股票
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You, as an individual, can call up your broker and say, I want to buy Google shares.
你作为个人,可以给经纪人打电话说,我想买进谷歌的股份
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The idiosyncratic behavior of Google stock from the time that we purchase it to the time that we sell it would define Yale's returns.
谷歌股票在从买入,到卖出这一段时间里的走势,将决定耶鲁的回报率
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And when I ran that it, I got weird results, 300 because we know that a Google priced at, say, 300, is much more likely to move by 10 points in a day than a stock that's priced at $0.50.
当运行这个程序的时我得到很奇怪的答案，因为我们知道一只谷歌的股价大概是，对一个0。5美元的股票来讲,每天改变10个点才比较正常。
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But Larry Paige at Google can call up a broker-- he better get the board's permission-- somebody at Google can call up a broker and make the same statement: we want to buy Google shares.
但是谷歌的拉里·佩奇也给经纪人打电话,当然要经过董事会允许,谷歌的某个雇员可以给经纪人打电话,然后做出同样的买入要求,我们想买进谷歌的股份
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Second reason we don't want over-qualified students in the class, it sounds a little nasty, but the second reason is, an over-qualified student, somebody who's, I don't know, programmed for Google for the last five years, is going to have an easy time in this course, but we don't want such a student accidentally intimidating the rest of you.
我们不希望高水平的学生来听课,还有一个原因，虽然听起来，有一点儿令人不快，但是第二个原因是，我们不希望，某位我不知道的高手，在为谷歌编写了五年的程序之后，很轻松地上这门课，从而使得周围同学,感到威胁。
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Warren Buffett doesn't do splits with his Berkshire Hathaway and there are other companies that-- I guess Google doesn't do splits, isn't that right?
沃伦·巴菲特并没有对,他的伯克希尔哈撒韦做股票分割,但其他一些公司,谷歌也是不做分割的,对吧
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In our case, we encourage our employees to spend 20% of their time working in whatever they're interested in, not what their boss wants them to work on.
就谷歌而言我们鼓励员工,将20%的时间花在,任何自己感兴趣的问题上，而不是完全地按照上级的要求工作。
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And it tries to find the shortest way, subject to those constraints, to get from Point A to Point B. And there are many, many other instances of this kind of thing.
然后谷歌地图开始寻找，满足这些条件的从A地到B地最短路径,还有很多这样的例子，明天我们会再复习一遍这些内容。
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Suppose Larry Paige calls up and says, I'd like to buy all of the Google shares, and the broker says, alright I'll get them for you.
假设拉里·佩奇打电话说,我想买下谷歌全部的股票,经纪人说好,我会帮你搞定
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So, the broker calls you up and says, you're the last guy, you have the last one hundred shares in Google and Google wants to buy them and we'll give you $500 a share.
经纪人给你打电话说就差你一个了,你有谷歌最后的一手股票,谷歌想以500美元每股的价格买回来
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If I went back to my office after speaking with you this morning and took Yale's $22.5 billion dollars and put all of it into Google stock, asset allocation would have very little to say about what Yale's returns would be.
如果我今早下课之后回到办公室,把耶鲁的225亿美元,全部投资于谷歌股票,资产配置在这种情况下,对耶鲁的回报率就没有多少影响了
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Oh. Now him-- I think I'm-- They're just more Google Images.
哦，现在，他-,我想我-,他们是更多的谷歌图片。
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I'm not going to put Yale's entire portfolio in Google stock, I'm not going to go back and take Yale's entire portfolio to day-trade bond futures; in part, because it would be bad for me personally.
我不会用耶鲁的全部资产买谷歌股票,我也不会,用耶鲁的全部资产买债券期货,一方面是因为,这对我个人不利
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Then he comes back and says, I managed to get all but one hundred shares and there's this one guy-- this Yale student--who owns one hundred shares of Google stock and I'm having trouble getting him to sell.
然后他回来了,说,就差一手股票就齐了,有一个股东,耶鲁大学的学生,有一百股谷歌股票,他就是不卖
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