M20:24
嗯，我想说，在过去这两年里，
Yeah, I would say in the last 2 years.
两年吧，大概。
2 years, maybe.
我只是大致估算一下。
I'm just approximating.
我可能在 The Wall Street Journal、USA Today，也可能是 Associated Press 转的，或者 Herald 上，看过一些报道。那些还算有点分量的报纸，在那段时间里，可能都报道过我们在买十家公司里的某一家，合起来大概有这么多。
I've probably seen reports in either The Wall Street Journal, USA Today, maybe picked up by the Associated Press or in the Herald, but in papers of some significance, I've probably seen stories that we were buying maybe any one of 10 companies in aggregate over that period of time.
我会说，其中绝大多数都是错的。
I would say a significant majority were erroneous.
我们不会去纠正那些错误报道，因为如果我们去纠正错误的，却对正确的不说话，那大家就会觉得，我们等于也在确认那些正确的报道。
We don't correct the erroneous ones because if we don't correct the erroneous ones— if we correct the erroneous ones and don't say anything about the correct ones, then people will think we're correcting the correct ones too.
所以这些报道，不管多离谱，我们都不会评论。
So we will never comment on those stories, no matter how ridiculous they are.
而且很有意思的是，你知道，这些东西还会不停地被登出来。
And it's interesting because, you know, they keep getting printed.
而且坦白说，从我们的角度看，它们大多数不准确，这对我们可能反而是有用的。
And frankly, from our standpoint, the fact that most of them are inaccurate is probably useful to us.
我们不会做任何事去助长这种情况，但是，人们看到报纸上说我们在买 ABC 或者 XYZ，可其实我们并没买，嗯，你知道，这——我我我我并不认为人们应该因为在报纸上看到我们在买什么，就跟着去买股票；但如果他们真这么做了——那他们总有一天可能会被治好这个毛病。
We don't do anything to encourage it, but it— the fact that people are reading that we are buying ABC or XYZ when we aren't, uh, you know, that's— I, I, I, I don't think people should be buying stocks because they're reading in the paper that we're buying something, but if they do— they may get cured of it at some point.
说不定那些报纸以后也会改掉这个毛病，不会在自己根本不知道事实是什么的时候，还去写这种报道。
Maybe the newspapers will even get cured of writing the stories when they don't know, you know, what the facts are.
不过，这就是我们一直要面对的事，而且以后大概还会继续面对。
But it's something we live with and we'll probably continue to live with.
而且我想说，根据历史经验，如果你读到关于我们在买入或卖出什么东西的消息，来源不是我们向 SEC 或其他监管机构提交的文件，那它出错的概率远远超过百分之五十——这一点我可以根据历史明确告诉你，远远超过一半的可能性是错的。
And I would say that based on history, if you read something about us buying or selling something other than through reports we filed with the SEC or regulatory bodies, the chances are well over 50%— that I can tell you based on history is correct, well over 50% that it's wrong.