and he started with the position that you ought to cut taxes but only where you can find offsetting cuts and government spending.

最开始，他的观点是,减税是正道,但必须先想到如何补偿这部分损失,如何削减财政支出。

斯坦福公开课 - 经济学课程节选

Of course it's lowering your share of the company, but offsetting this is that the company is taking in money from the person who bought the shares and so it doesn't dilute you.

当然这会降低你对公司的控股,但补偿是公司增大了股本,因为人们购买股份,不会摊薄你的那份

耶鲁公开课 - 金融市场课程节选