The general public were buying on margin, which means – in a very simplified sense – they were making down payments on stock with money borrowed from the bank.

一般公众都是用保证金购买股票，从非常简单的意义上来讲，这意味着他们用从银行借来的钱预付股票。

Anecdotes were told about him—how one of the vice-presidents had advised him to sell, by golly, but he had hung on, even bought on margin, " and now look where he is" !

关于他的轶事广为流传——一位副总裁如何建议他卖出，天哪，但他坚持了下来，甚至以保证金买入，“现在看看他在哪里”！

He ended by saying that he had bought on margin a number of sound securities for dear Louisa Bradley and was glad to be able to tell Elliott that she now had a profit of twenty thousand dollars.

他最后说，他已经用保证金为亲爱的路易莎·布拉德利购买了一些稳健的证券， 并且很高兴能够告诉埃利奥特她现在有两万美元的利润。