Over-magnifying early period is the essential cause for stockpile, high storage of produce and high percentage of liquid fund.
过分夸大的提前期是造成库存和在制品储备高，流动资金占用大的根本原因。
Say the fund holds large positions in illiquid assets. The fund cannot immediately sell these assets, except at a fatal loss, so it would sell its more liquid assets.
要是这个基金持有很大的非流动性资产，这个基金就没法立刻卖掉这些资产，除非在一个致命的亏损的时刻，那么它将出售更多流动性资产。
Fund managers typically keep 20% of (unrealized) trading profits. But first they must realize that 20% by selling the liquid assets.
一般的基金经理可拿到(未实现的)交易利润的20%，但首先他们须卖出流动资产，才能实现那个20%。
Horn reported back to the capital firm that the product still had a chance, but only if it got new money to fund research into finding a liquid coolant less viscous than the gel.
Horn向总部报告说，如果新的资金能投入研发替代胶体的低粘性冷却液，这款产品仍有市场机会。
Horn reported back to the capital firm that the product still had a chance, but only if it got new money to fund research into finding a liquid coolant less viscous than the gel.
Horn向总部报告说，如果新的资金能投入研发替代胶体的低粘性冷却液，这款产品仍有市场机会。
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