There's never been a successful third-party political culture take hold in this country without one really big issue to drive it.
美国就从没有过,第三政党真正成功执政的时候,因为缺乏一个真正重大的议题来支持它
Look at line 119: Blind mouths! that scarce themselves know how to hold A Sheep-hook, or have learn'd aught else the least That to the faithful Herdman's art belongs!"
看一下第119行:,妄言之口!他们甚至不知如何掌控,愚钝之人,从未经受过学识的洗礼,文艺只属于虔诚的牧人!
The stock market is the best investment for long-term holders who can just buy and hold through the ups and down of the market."
对于那些能在股票市场的跌宕起伏中,一直持股的长线投资者而言,股票市场是最佳的投资
People who hold constrained vision of human nature, believe that human nature cannot be changed; it's immutable-- we have certain instincts, we have certain inclinations.
认为人性受约束的观点的人,相信人性无法改变;,它是永恒的,我们有一些本能,有一些欲望。
Well again, I can say the words, but when I try to imagine that possibility and take it seriously, at least speaking personally, it doesn't--it doesn't hold up.
我能说出这种假设,但当我想象那种可能性,并严肃考究时,起码就我而言,它也站不住脚。
Now, how powerful-- was the cotton boom once it took hold?
棉花产业,是怎么让南方发家致富的呢
This is--If you'll hold out your hand and--one hand flat.
如果你伸出手,手伸平
It's - a suture or a stitch has to hold the wound closed so it has to have certain mechanical strength and imagine the problem of making something that's dissolvable so it disappears but also is strong enough to hold a wound closed reliably for a length of time.
能够拉紧切口的缝合线,就必须具有一定的机械张力,大家想像一下制造这种缝合线的难度,身体组织不仅要能吸收这种缝合线,而且这种线必须有足够的张力,一定时间内能够拉紧切口
So strategy ?i is a best response to the strategy S-i of the other players if my payoff from choosing ?i against S-i, is weakly bigger than that from choosing Si' against S- i, and this better hold for all possible other strategies I could choose.
策略?i是其他参与人策略S-i的,最佳对策,如果此时我选?i的收益,弱优于此情况下选Si'的收益,这对于所有我可以选择的策略都成立
Why would anyone not just hold a lot of-- a really large number of stocks?
为什么人们不持有-,巨额的股票呢?
What will happen is that Yale will continue to hold a relatively well-diversified portfolio as defined by the range of asset classes in which it invests.
实际上,耶鲁会继续保持,一个相对合理多样化的投资模式,来进行多种资产的投资
And let's work--we'll hear that again, but as you can see and then hold on that and then the changes came a little bit faster and faster.
我们开始吧,然后就可以再次听到了,不过就像大家可以看到,然后继续保持到,再开始有变化,变得越来越快。
That would mean that everybody is holding that same portfolio of risky assets and nobody is different, they're only different in how-- what proportions they hold the risky-- the tangency portfolio.
这就意味着每个人,都持有相同风险资产投资组合,每人都是一样的,他们唯一的不同在于-,他们所持有风险资产的比例-,也就是切线资产组合。
Somebody who hold a--held a dualist view that said that what we do and what we decide and what we think and what we want are all have nothing to do with the physical world, would be embarrassed by the fact that the brain seems to correspond in intricate and elaborate ways to our mental life.
持二元论观点的人们认为,我们的所做所为,我们的决策,我们的思考,我们的欲求,全部都与生理客体无关,二元论被,大脑与心理活动拥有复杂且紧密联系,的事实所否定
This is - what this diagram shows you is-- the forces that hold these individual strands of DNA into a double stranded form.
你们可以看看这个图表,演示了连接两条DNA长链为双螺旋,结构的化学力
Because we hold relatively stable, relatively well-diversified portfolios, security selection turns out not to be an important determinant of returns for most investors and market timing turns out not to be an important determinant of returns.
因为持有相对稳定,和相对分散的投资组合,证券选择不再是,决定投资者回报率的重要因素,而市场时机选择,也不会成为决定回报率的重要因素
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