The key function of banks is transforming illiquid assets into liquid liabilities.
"The magic of cinema is that it allows us to live a thousand lives in one."
我认为音乐是讲故事的最佳媒介。
解释:高明的医生注重预防疾病,而不是等到疾病发生后再去治疗。
The best part about being famous is meeting other famous people.
At that age, I'd take any excuse to make estimates and do minor arithmetic. I'd calculate our gas mileage -- figure out useless statistics on things like grocery spending. I'd been hearing an ad campaign about smoking. I can't remember the details, but basically the ad said, every puff of a cigarette takes some number of minutes off of your life: I think it might have been two minutes per puff. At any rate, I decided to do the math for my grandmother. I estimated the number of cigarettes per days, estimated the number of puffs per cigarette and so on. When I was satisfied that I'd come up with a reasonable number, I poked my head into the front of the car, tapped my grandmother on the shoulder, and proudly proclaimed, "At two minutes per puff, you've taken nine years off your life!"
有人质疑巴菲特的投资策略只是运气好而已,他讲了一个有关机率的故事回答它们