We said, "Okay, what's the real potential of this business, and how are we going to draw that out?"
我们说,好,我们公司的,真正潜力是什么,我们又该如何充分发挥我们的潜力“
What do you think of big music companies and the profits created by selling music?
你对大的音乐公司和他们出售音乐创造的利润有什么看法?
Now to make that lower-of-the-two-prices comment a little bit more rigorous, let's figure out what the demand actually is for these firms.
为了说明两者价格较低者,具体是什么意思,先来解决这些公司真正的需求量是什么
I don't mean make it always in terms of an IPO but have a long term life.
我说的成功并不限于上市,公开募股什么的,而是让公司长久的运营下去。
I mean, you think about what happened when Steve Jobs came back to the company.
我的意思是,你想想当,史蒂夫·乔布斯回到公司会发生什么。
That's why when we officially entered the recession or the challenging situation caused by the financial crisis, I keep asking myself, "What should we do?"
由于金融危机而导致的经济衰退,使得公司处于困境,我一直自问,我们能做些什么?
If I own one thousand shares in a company, what does that mean?
如果我有一千股该公司的股票,这意味着什么
What kind of clothes does your store sell?
你们公司都是产什么风格的衣服?
Fannie Mae and Freddie Mac what did they do and what role did they play?
房地美和房利美,这两家公司的职能是什么?
So we've got the firms, they're the players, I know what their strategies are, I know a little bit about the structure of the market, and I still need to tell you what payoffs are.
我们有了公司,作为参与人,我知道它们的策略是什么,对市场的结构也有一些了解,我还需要告诉你们收益是什么
Then you might ask, why in the world do companies issue stock dividends anyway, what's the point?
你可能要问,那公司发放股票股利到底是为了什么呢,意义何在
These firms're making all the profits, what do you thinks going to happen in this industry?
两家公司都有利可图,那这个行业接下来会发生什么
When we think about the theory of dividend or debt we end up with irrelevance-- it doesn't mean anything-- but the companies' boards talk about it incessantly and it seems to matter a lot to them.
我们一讲到股利或者负债理论,最后都是不相关的,没有什么意义,但是公司的董事们不停的提起这些,看起来又对他们很重要
If they're sending out money, the value of the company has to go down by whatever they sent out.
如果他们发放现金的话,公司的价值将降低相同数量,不管是以什么方式
What is Firm 2's best response as a function of q1?
1的函数即公司2的最佳对策是什么
So, they are selling widgets or whatever and making money-- the value of the company is the present value of that cash flow.
不管通过什么方式赚钱,即便卖小商品...,公司的价值等于现金流的现值
The department stores said no and so we asked, why would they say no?
百货公司拒绝了,于是我们问道,他们问什么要拒绝?
We know the early example in sort of Golden Age America, but where else did we see a competitive fringe enter when there was a collusive agreement to keep quantities down?
我们知道美国全盛时期有这样的先例,还有什么行业原来也有产量协议,但新公司进入后却导致协议瓦解呢
应用推荐