拍卖中,规则和竞标者的策略一样决定结果。
In auctions, the rules determine the outcome as much as the bidders' strategies.
商业中最危险的心态是"我们一直都是这么做的"。
Banking is inherently fragile because it involves transforming liquid liabilities into illiquid assets.
The passage of time is both a blessing and a curse.