也许这么多大学给学生提供的服务太少的原因是：他们知道，即使什么也学不到，在顶尖大学学习仍然是一项明智的投资。
Perhaps the reason why so many universities offer their students so little is they know studying at a top university remains a brilliant investment even if you don't learn anything.
如果他们决定投资第一眼看上去像是石板砖的变色瓷砖，因为这让他们高兴，那么我们凭什么去否定他们的选择呢？
If they decide to invest in color-changing tile that looks like slate at first glance, because it makes them happy, then who are we to deny their choices?
自从伯尼·麦道夫因涉嫌经营6500万美元的庞氏骗局而被捕以来，我读过很多文章，说我们这些投资者应该知道发生了什么。
Since Bernie Madoff's arrest on charges of running a $65 million Ponzi scheme, I've read many articles about how we investors should have known what was going on.
如果说有什么变化的话，外国投资者不但没有停止购买美国资产，反而增加了购买速度。
Not only have foreigners not stopped buying US assets, if anything, they have increased the pace of purchases.
伯克希尔的治理问题对于其股票投资者而言应该不是什么新闻。
The issues with Berkshire's (BRKA) governance should not be news to investors in Berkshire stock.
巴菲特奉劝投资人不要担心印度和中国经济的快速增长会对美国构成什么威胁。
Buffet dismissed fears that the growing economies of India and China present any sort of threat to the United States.
这对投资者来说意味着什么？
但想一下，如果你去投资，收益和这个人一样，你最后能得到什么？
But think about it, if you were investing your money with someone like that, what did you end up with?
不管什么原因，当你被搁浅的时候，而且只有一个投资者，唯一的出路就是找到其他的投资者。
Whatever the reason, when you're stranded and you have one investor the only way out is to find new outside investors.
我相信我们都应当寻找那种理解我们在做什么以及为何这样做的投资者。
I believe that we should all seek out investors who understand exactly what we are doing and why we are doing it.
20多岁的投资者所共有的错误是什么？
但是，中国滞胀对投资者意味着什么呢？
一些投资者在质疑，这些费用给他们带来了什么。
这也很可能是为什么全球投资者都对农田趋之若鹜——这是新的增长产业。
That's probably why investors around the globe are flocking to farmland as the new growth industry.
为什么投资者如此恐惧？
我向这些卓越的投资者们提出，我们应当做什么的问题？
And I got it presented to these amazing investors what we're going to do?
那么，投资银行要找什么样的人呢？
对那些以股息形式可靠地提供稀有现金的股票，投资者愿意支付什么样的溢价水平？
What kind of a premium will investors pay for stocks that reliably churn out scarce cash in the form of dividends?
为什么投资者如此谨慎呢？
那为什么投资者如此怀疑？
当购置土地之时，投资者应该考察地下水道系统，地处什么地段，就像考察不动产地段一样考察那它做什么。
When purchasing land, investors should investigate if it has sewer and water, what type of zoning it has and what you can do with it as well as the location of the property.
为什么要赶走一半的潜在投资者呢？
这或许有助于解释，为什么市场情绪可以如此快速地转换，为什么真正的反向操作者如此难以找到，为什么投资者对华尔街的“共同观点”如此在意。
That may help explain why market sentiment can change so swiftly, why true contrarians are so hard to find and why investors care so much about the 'consensus view' on Wall Street.
这或许有助于解释，为什么市场情绪可以如此快速地转换，为什么真正的反向操作者如此难以找到，为什么投资者对华尔街的“共同观点”如此在意。
That may help explain why market sentiment can change so swiftly, why true contrarians are so hard to find and why investors care so much about the 'consensus view' on Wall Street.
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