ERIC: Why you shooting down my game?Let a playa play. MIKE: Yeah, okay.What you playing at, T-Ball?
VOA: standard.other
You might think that what a computer, what a chess-playing computer does is just this: it calculates every possible branch, every possible game from here on out.
你可能认为,一台电脑,或一台下棋电脑所做的工作就是这样,计算出所有可能的下法,以及与之对应的各种可能的棋局
By extending your time horizon to three years, or four years,or five years, it opens up a whole host of investment opportunities that aren't available to people that are playing this silly,short-term game.
只有通过将投资延长至三年,四年乃至五年,才会出现大量的获利机会,沉迷于愚蠢的短线操作,是无法得到这些机会的
"Perhaps it is time for the U.S. to talk directly to the Israeli public and make it clear that they are serious and this old game that we've been playing for many years of this so-called peace process that does not lead to anything is over,".
VOA: standard.2009.06.09
This is incredibly important because,when you look at this number that we started out with,saying the benchmark was 9.9 but net of fees the managers on average only lost thirty basis points--or .3% -you'd say,well that's a game I don't mind playing.
这极其重要,因为当你看这些数字时,刚才说过基准收益是9.9%,但是主动管理型基金经理人的平均净利润,只落后了30个基点或者说0.3%,你可能会说这个游戏,我不介意玩一玩
But the FSLIC wasn't; it was sleeping at the switch, so it allowed banks in the United States -it was primarily Savings and Loans who did this -to make bad loans and they were playing this moral hazard game.
但是FSLIC没有如此,制度变换初期他们对一切放任不管,于是这让美国的银行...,主要指的是那些储蓄贷款机构...,发放不良贷款,他们开始参与这项充满道德风险的游戏
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