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Government is expensive "and it's fit that everyone who enjoys his share of the protection " should pay out of his estate."
维持政府是要花钱的,“凡享受保护的人，都应该从他的产业中,支出他的一份来维持政府“
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That means that the price of each share should decline by the amount they paid out divided by the number of shares.
这就意味着每股价格会降低,降低值为,总开支除以总股数
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So what's my--somebody can shout this out-- what's my share of the vote if I choose 1 and the other candidate chooses 1?
有人能说一下吗,如果我们都选择立场1时,我能获得多少选票
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And the movie is coming out, hopefully in a year, but it's about the experiment that I am going to share with you now.
电影有望在一年后上映，但电影讲的是我要谈到的这项实验。
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Or, for that matter, if you've got some quick reactions or thoughts or responses to the arguments that I'm laying out and you want to share them with the class as a whole, then very much I want to invite you to do this.
或者，关于那一点，如果你很快有回应,以及关于那个争论的想法或者反应,那么我会敞开胸怀,如果你想和全班同学分享这个，我会非常想邀请你这样做的。
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But, the real technology is-- the technology that works to eliminate risks is to spread them out, to pool them, to share them among many different people.
但是真正的技术-,能够降低风险,通过风险汇聚，将风险分散，让很多人共同承担。
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Well, the company is still paying out money in the same amount total, but it's coming out in a different form; it's coming as a share repurchase.
公司仍将支出相同的总额,但却是以不同的形式,以股票回购的形式
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The other thing that a company can do to get money out is share repurchase-- stock repurchase or share repurchase It's perfectly--this sometimes surprises people when they first think about it.
另外一个可以让公司,收回投资的方法是股票回购,股票回购或者股份回购,最初看到这一方法时,人们可能会十分惊讶
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So, in particular, let's start working out what share of the votes you'd get if you chose position 1 or position 2, against different positions the other guy can choose.
先来看看如果你选择立场1和2,在你对手选择不同立场时,你分别能获得多少选票
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You work for XYZ Corporation; the share is trading at $10 a share; they would give you "At the money" Or "Out of the money" Options -say options to buy the stock at $11 a share.
你在XYZ公司工作,当前股票价格是每股十美元,他们会给你,平价期权或者价外期权,比如以每股十一美元来购买该股票的期权
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