So, they are selling widgets or whatever and making money-- the value of the company is the present value of that cash flow.

不管通过什么方式赚钱,即便卖小商品...,公司的价值等于现金流的现值

耶鲁公开课 - 金融市场课程节选

We try to be--I think investing is about clipping coupons, about getting cash flow and getting and controlling cash flow, but there are good resellers.

我们试图-我认为投资就是关于获得票息，关于得到现金流,和控制现金流，但是我们也有好的经销商。

耶鲁公开课 - 金融市场课程节选

What happens then in--that's in 1925, so there's no cash flow at all.

之后1925年会发生什么呢,没有任何现金流

耶鲁公开课 - 金融市场课程节选