国际经贸高级英语精读第3单元课文翻译及答案要点.ppt

Unit ThreeHow Bill Gates Invests His Money TEXT Tending the Investment Pools As Gates converts billions of dollars of Microsoft stock into philanthropic tender, Michael Larson will be shepherding the funds every step of the way. He will manage the foundation portfolios until the dollars are expended on syringes, scholarships, and software. 当盖茨把价值成百亿美元的微软股票用作慈善事业时，迈克尔拉森将像牧羊人一样照看资金运行的每一步。他将对基金进行管理，直到这些钱最后花在医疗、奖学金以及软件上。 “People have no idea the kind of pressure that Michael Larson operates under, says Roger McNamee. “For one thing, he’s running money for two of the largest foundations in the world. The better he does, the more good works can be done. “人们并不知道迈克尔拉森的工作压力有多大，”罗杰·麦克拉米说，“首先，他在替这个世界上规模最大的两个基金管钱；他的工作越出色，所能成就的善事也就越多。” Here’s how Larson’s job works. He’s in charge of three large pots of money: the two foundations and the $5 billion or so in Gates’ personal portfolio, which is mostly invested through Cascade, though there are other smallish accounts also under Larson’s auspices. Each of these three pools is discretely managed, with its own objectives and investments. And there’s one thing both Gates and Larson want to make perfectly clear. 我们来看拉森是如何经营的。他掌管着三大笔钱：两笔基金外加主要通过Cascade公司投资的约50亿美元的盖茨的个人投资组合。当然，拉森还掌管着几个小账户。这三个基金都是独立经营的，每一部分都有自己的目标和投资方向。有一件事盖茨和拉森都想向外界澄清。 “Michael and I talk regularly about general investment matters, but he has full discretion over the portfolio. Gates says. Larson, his usual grin gone for a second, says, “I wish everyone understood that. When people find out that Cascade has made an investment in something, that’s not Bill Gates. I’ll call Bill about something I’m buying if he needs to know, but Bill might not have any idea what Cascade owns. (There are exceptions to this rule. For instance, Gates makes his own investments in biotech－more on that later.) “迈克尔和我会定期谈一谈投资的总体事宜，但具体投资完全是他说了算，”盖茨如是说。拉森收敛了他那习惯性的露齿一笑，说道，“我希望每个人能理解这一点。当人们发