Investing more when assets are cheap, and less when they are expensive, is both doable and profitable.
资产廉价的时候，多买些，昂贵的时候少买些，这样做既可行，也有利可获。
But art is less removed from the fates of other assets than it might look. It seems to do well during periods of above-trend growth and inflation.
但与其它资产相比，艺术品的前景可能并不像其表面那样光鲜，它似乎只在经济超速增长和通货膨胀时期才表现不俗。
When fear was the prevailing emotion, the dollar rose, and when investors were less worried, riskier assets ranging from the euro to oil to stocks took off.
当这种恐慌情绪蔓延的时候，美元上涨。而当投资者担心减少时，危险的资产从欧元延伸到石油和股市。
Equities account for less than 20% of Chinese households' total financial assets, compared with half in America, so price swings have less impact on spending.
股票资产不到中国家庭总资产的20%，美国则是占到了一半。因此，股价的波动对家庭开支影响也较小。
While his early handling of the crisis was good, he has balked at selling assets for less than book value, even though the bank’s shares have for some time traded at a steep discount to that measure.
尽管他早期应对危机的手段高明，他没有因账面减值而售卖资产，但是持股人在一段时期在损失激增的情况下抛售股份，以应对他的措施。
On average, Shanghai residents earned 44 percent less than their counterparts in Zhejiang from operating businesses and 34 percent less from owning assets.
一般来说，上海人做生意的获益要比浙江人少44%，拥有资产的获益要比浙江人少34%。
But even if it succeeds, risky assets are likely to hold much less appeal than they did.
但是即使联储会能够成功，风险资产也不会有原来那么大的吸引力了。
When IT professionals willingly apply valued IT assets on a regular basis, overall governance costs are decreased because less investment is required to enforce and validate usage of those assets.
当IT专业人员愿意在常规的基础上应用有价值的IT资产时，整体的治理成本减少了，因为不需要投入很多来强迫并验证那些资产的使用。
Investors may be less willing to pay the typical boom-era fees of 2% of assets and 20% of returns, if those returns are subdued.
如果那些收益不能实现的话，投资者可能更不情愿付占资产2%，收益20%的费用，而这个付费标准在繁荣时期很常见。
It spurs the police to pay more attention to cases that are likely to involve seizable assets (such as drug busts) and less attention to other ones.
它促使警察更加注意那些可能涉及大额资产的案件(如缉毒)，而不那么注意其他案件。
The central bank keeps track of the total value of its reserves in dollars, so a weaker euro means that euro-denominated assets are worth less in dollars, decreasing the total value of the reserves.
央行正在密切跟踪以美元计价的外汇储备价值变化，所以疲软的欧元意味着欧元计价的资产不如美元的值钱，使得总外汇储备价值缩水。
Business processes on the other hand can be more viewed as stable assets that are less likely to go through drastic change over time.
另一方面，业务流程更可以被看作是固定资产，它更不可能经历超时的巨大改变。
But the risk that the recent homeward flow of bank assets will ossify into a less efficient, less flexible cross-border banking system is real and growing.
然而，最近银行资产向母国回流的趋势正在朝低效、僵化的跨国银行系统越滑越深，这一风险是实实在在的，而且在不断加大。
Physical assets least vulnerable to monetary debasement win out over less tangible investments of the innovative or knowledge variety.
对于货币贬值来说，实物资产的敏感性远低于革新或各类知识等无形资产。
The result will be an industry that shrinks in number of funds and sees more assets going to the giants, away from less established shops.
从而，这个行业的基金数量减少，更多的资产从资历较浅的企业流入行业巨头。
The Mutual European fund is more geographically balanced and has less than 10% of its assets in energy shares. BP isn't listed among the top 25 holdings.
欧洲共同基金在地域方面比较均衡，能源股资产占比不足10%，前25大重仓股中也没有英国石油公司。
The net result is that many foreign funds that are otherwise inclined to purchase assets in the U.S. might be less likely to do so in order to avoid the hassle.
但其结果是，许多有意购买美国资产的外国基金因为怕引火烧身而敬而远之。
What Portugal owes to foreigners, less the foreign assets it owns!
葡萄牙欠外国投资人的，少于自己的外国资产。
The IMF reckons that Portugal's net international debt (what residents owe to foreigners, less the foreign assets they own) was 96% of GDP in 2008, an even higher ratio than Greece's (see chart 3).
国际货币基金组织(IMF)估计葡萄牙的净国际债务(用其居民欠外国人得减去归他们所有的外国资产)在2008年达到了GDP的96%，这个比例甚至比希腊的都高。
Knowledge and information are becoming the most valuable assets to a company while raw goods are becoming less and 18.
知识和信息正成为公司最有价值的资产，而原材料商品的价值越来越低。
DB2 Video Charger does not automatically archive less frequently used assets.
DB 2VideoCharger不会自动归档不常用的资产。
The more time spent developing the assets required for generation, the less time required to modify the resulting code.
花费在开发所需要生成的资产的时间越多，修改最终代码所需要的时间就越少。
But the affluent, who typically have lots of assets and good access to borrowing, are much less likely to be in that situation.
然而，富人，典型如那些有大量财产并有借贷便利的人，很少可能会出这种状况。
Yet it is not clear whether it was insolvent in the sense that its assets were worth less than it owed.
但是，人们也不清楚，在某种意义上，以低于自己本来资产的价格售出，是不是已经意味着一种破产。
Yet it is not clear whether it was insolvent in the sense that its assets were worth less than it owed.
但是，人们也不清楚，在某种意义上，以低于自己本来资产的价格售出，是不是已经意味着一种破产。
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