I mean, hypothetically a bond trading at $.60 on the dollar with an 8% coupon, five-year bond that's yielding about 18%.
我的意思是,假设一种债券以0。60美元进行交易,同时有8%的票息,五年期债券收益率在18%左右。
multi-billion dollar industry in Nashville, behind LA, Los Angeles,
几十亿美元的乡村音乐产业,仅次于洛杉矶
It's about the four-dollar cup of coffee that we have three times a day, because we need to keep the feel going.
可能只是节省一杯4美元的咖啡,我们每天要喝三次咖啡,只是为了留住这种感觉。
I went to see a rich girl I knew. In the morning she pulled a hundred-dollar bill out of her silk stocking and said, "You've been talking of a trip to Frisco. That being the case, take this and go have your fun." So all of my problems were solved.
我去看望我以前认识的一位有钱的姑娘,到了早上,她从丝绸钱袋里取出一张100元的支票说:,“既然你那么向往到圣弗兰西斯科的旅行,拿着这个去寻找你的快乐吧“,这下我的问题全部解决了。
The irony is--these things cost like a dollar each now because no one needs them anymore.
具有讽刺意味的是,这些盘现在每个,只值1美元了因为。
It turns out that the group that had--were paid a dollar rated the task as much more fun than the group given twenty dollars.
结果发现,拿一美元的那组对这个任务的评价,要比拿20美元的那组高得多。
Okay, so this is a five-dollar note and I'm going to put it--sorry about that again-- I'm going to put it in an envelope.
没错,这是一张5美元的钞票,我将要把它,装进一个信封里面
Dollar-weighted obviously takes into account when the cash flows come in and when they go out.
货币加权回报率显然是把现金流入,以及流出考虑在内
It's not a million-dollar question.
这不仅仅是几百万美元的问题。
And you remember, we considered some examples of cost-benefit analysis, but a lot of people were unhappy with cost-benefit analysis when it came to placing dollar value on human life.
我们还思考了些成本效益分析的例子,但许多人并不赞同,成本效益分析用金钱来衡量人的生命。
The dollar is plunging, -and the dollar is plunging perhaps maybe just around a little bit -- That's been sinking for some months now-- -because America has been living beyond her means borrowing 2 billion a day from foreign nations.
美元大幅走低,-我插一句,美元确实下跌了一点点,且几个月来持续疲软-,-原因在于美国长久以来一直入不敷出,财政赤字每天增长20亿。
Here I was, back at Yale, with a billion dollar portfolio -it seemed like a lot of money at the time no portfolio management experience.
那时我在耶鲁,要管理上十亿美元的投资组合,在当时,那是笔巨款,而我却没有任何投资组合管理经验
Well, in '26, the-- i've shorted the one-period bond and so I have to pay out one dollar, but that's exactly what I wanted to do.
6年 我卖空的一年期债券到期了,我需要偿还一美元,不过这恰是我要做的
Well, there's another way to look at returns -those are the dollar-weighted returns -and the dollar-weighted returns actually do a better job of describing the experience of the group of investors that participated in these funds.
还有另一种考察回报率的参数,货币加权回报,货币加权回报实际上,是描述基金参与者收益的,一个更好的指标
But if you look at the tech fund category, the difference between the dollar-weighted and the time-weighted returns--this is over a ten-year period -is 13.4% per annum; that's stunning.
但是如果你关注科技投资基金,十年间,货币加权回报率,和时间加权回报率间的差距,是每年13.4%,这是非常夸张的
It's a trillion-dollar question.
这可关系到几万亿美元。
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