Indexed portfolios, you basically say, I want to own all of the stocks that there are, and if the stock market goes up, I make money, if the stock market goes down, I lose money.
指数化资产组合,使之我拥有这些股票,如果股市走高,那么我就赚钱,如果股市走低我就赔钱。
So we're losing money on owning it.
尽管我们有这么一套房子,却一直在赔钱。
In particular, they'll be lower here than costs and so you'll make losses on that product.
这种情况下,价格会低于成本,你越生产越赔钱
The management might say, well what do you mean we didn't lose any money this year?
管理人员会说,今年我们没有赔钱是什么意思
If I price below it I'm going to lose money.
如果我价格比它低,我将赔钱
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