翻译是不是糟糕?

译文

> 对于格雷厄姆和多德式的投资者来说，估值自然是投资流程的核心。同样的标准同时适用于估值分析的流程和投资机会寻找策略：使用的估值方法是否比交易另一方的更好？对于支付对价而获得的价值几何，如果格雷厄姆和多德式的估值方法比广泛使用的其他方法能够提供更加准确和易于理解的估计，那么估值分析就是价值投资者在投资流程中获得优势的第二个关键步骤

原文

> For a Graham and Dodd investor, valuation is naturally at the heart of the investment process. The same standard applies to a valuation process as to a search strategy: is it better than the valuation practices being used by those on the other side of the trade? If Graham and Dodd valuations produce more accurate, better understood estimates of what you are getting for your money than widely used alternatives, then valuation is a second key step in the investment process in which value investors will have an advantage.