查询词典 lorimer

Between 1936 and 1975, GEICO grew from a standing start to a 4% market share, becoming the country's fourth largest auto insurer. During most of this period, the company was superbly managed, achieving both excellent volume gains and high profits. It looked unstoppable. But after my friend and hero Lorimer Davidson retired as CEO in 1970, his successors soon made a huge mistake by underreserving for losses. This produced faulty cost information, which in turn produced inadequate pricing. By 1976, GEICO was on the brink of failure.

从1936到1975这40年间，GEICO从无到4%的市场占有率，成为全美第四大的汽车保险公司，大部份的时候，公司的经营相当上轨道，营收与获利同步成长，看起来势不可挡，但直到该公司总裁，同时也是我的好朋友Davidson在1970年宣布退休，情势随即起了变化，他的继任者犯下损失准备提拨不足的大错，此举大大扭曲了成本结构，进而导致不当的订价，1976年，GEICO已濒临倒闭。

And thus I met Lorimer Davidson, Assistant to the President, who was later to become CEO. Though my only credentials were that I was a student of Graham's,"Davy" graciously spent four hours or so showering me with both kindness and instruction. No one has ever received a better half-day course in how the insurance industry functions nor in the factors that enable one company to excel over others. As Davy made clear, GEICO's method of selling - direct marketing - gave it an enormous cost advantage over competitors that sold through agents, a form of distribution so ingrained in the business of these insurers that it was impossible for them to give it up. After my session with Davy, I was more excited about GEICO than I have ever been about a stock.

就这样我遇到了当时还是副总裁的Lorimer Davidson，后来他成为GEICO的总裁，虽然我唯一的经历背景只是葛拉汉的一名学生，大卫还是很好心的花了四个小时左右的时间，好好地给我上了一课，我想大概没有人能够像我这样，可以幸运地接受如何经营保险业的半天课程，大卫很坦白地告诉我，GEICO的竞争优势在于-直接行销，这使得该公司相较于一般竞争同业必须透过传统的业务仲介的经营方式所负担的成本要低得许多，后者受限传统无法摆脱行之有年的行销网络，而在上过大卫的课之后，GEICO也成为我有生以来觉得最心动的一支股票。

It's with sadness that I report to you that Lorimer Davidson, GEICO's former Chairman, died last November, a few days after his 97th birthday. For GEICO, Davy was a business giant who moved the company up to the big leagues. For me, he was a friend, teacher and hero. I have told you of his lifelong kindnesses to me in past reports. Clearly, my life would have developed far differently had he not been a part of it. Tony, Lou Simpson and I visited Davy in August and marveled at his mental alertness -- particularly in all matters regarding GEICO. He was the company's number one supporter right up to the end, and we will forever miss him. Aviation Services Our two aviation services companies -FlightSafety International and Executive Jet Aviation -- are both runaway leaders in their field.

在这里很遗憾地向各位报告， GEICO 前董事长-Lorimer Davidson，于去年十一月去世，享年 97 岁，对于 GEICO 来说，大卫是带领公司跃上台面的企业巨人，而对我个人来说，他是我的偶像，亦师亦友，在过去年度的报告中，我不只一次的提到他对我个人的关照，很显然的要是没有他，我个人的一生可能要完全改观，Tony，Lou Simpson 与我在去年八月还曾经去拜访他，对于他当时的记忆力还佩服不已，尤其是有关 GEICO 的点点滴滴，一直以来，他就是 GEICO 公司的头号支持者，我们将会永远地怀念他。

But irreconcilable differences are not just a recent phenomenon; Los Angeles, May 1920; Divorce Case D492; Banker Lorimer Linganfield said his wife's new bathing suit seemed designed especially for the purpose of exhibiting to the public the shape and form of her body.

夫妻性格不合其实早已屡见不鲜。1920年5月，洛杉矶，离婚案，案件编号D492：银行家Lorimer Linganfield指出他太太穿的泳衣设计得像是为了向公众展示她的体态。

04 Lorimer Avenue Apartment, Brooklyn.

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George H Lorimer, American journali

金钱是善仆，也是恶主。

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