There is now no preference--well it could be-- there are lots of complexities in the tax law but, basically, dividend policy really is irrelevant now.

这就没有偏好差别了,税法中仍有很多复杂条款,但基本说来,是否推行股利政策与此无关

耶鲁公开课 - 金融市场课程节选

Of two pleasures, if there be one to which all or almost all who have experience of both give a decided preference, irrespective of any feeling of moral obligation to prefer it -- in other words, no outside, no independent standard -- then, that is the more desirable pleasure."

这两种快乐中，如果所有或几乎所有,两种都体验过的人，都更偏好其中一种，而且并不是出于任何道德责任-,换句话说，没有外界的，独立的标准影响-,那么该快乐就是更令人满意的“

耶鲁公开课 - 公正课程节选