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。

So, they are selling widgets or whatever and making money-- the value of the company is the present value of that cash flow.

youdao

很少有几家商店值得花费超过15分钟的时间，不包括Bed,Bath & Beyongd商店（卖床上用品，浴卫用品和厨房用品等家具类小商品）或是当地的Pottery Barn商店（家具店）。

There are only a handful of stores that it is exceptable to spend more than 15 minutes in. This list does not include Bed, Bath and Beyond or the local Pottery Barn.

youdao

同样的，中国的小商品市场也有许多东西卖。而且不管你如何挑选商品，卖家都不会生气。

Likewise, small commodity markets have many kinds of things to sell in China. No matter how you pick and choose these products, sellers will not be angry.

youdao

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

耶鲁公开课 - 金融市场课程节选