他说,对谷歌而言,是广告业务成就了这家公司的伟大。
For Google, it's the AD business that makes the company great, he says.
对谷歌而言,这是一个很棒的食品和厨具用品销售的广告平台。
For Google, they now have a great advertising platform for food and kitchen goods sales.
Warren Buffett doesn't do splits with his Berkshire Hathaway and there are other companies that-- I guess Google doesn't do splits, isn't that right?
沃伦·巴菲特并没有对,他的伯克希尔哈撒韦做股票分割,但其他一些公司,谷歌也是不做分割的,对吧
And when I ran that it, I got weird results, 300 because we know that a Google priced at, say, 300, is much more likely to move by 10 points in a day than a stock that's priced at $0.50.
当运行这个程序的时我得到很奇怪的答案,因为我们知道一只谷歌的股价大概是,对一个0。5美元的股票来讲,每天改变10个点才比较正常。
If I went back to my office after speaking with you this morning and took Yale's $22.5 billion dollars and put all of it into Google stock, asset allocation would have very little to say about what Yale's returns would be.
如果我今早下课之后回到办公室,把耶鲁的225亿美元,全部投资于谷歌股票,资产配置在这种情况下,对耶鲁的回报率就没有多少影响了
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