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Prices are important not because money is considered paramount but because prices are a fast and effective conveyor of information through a vast society in which fragmented knowledge must be coordinated.
价格之重要,并不在于金钱是至高无上的。在零星分散的信息必须得以协调的巨型社会中,价格乃是快速而有效的信息传导。
总是为最坏的情况做计划,同时期待最好的结果。
写作是探索人类灵魂深处的方式。
The best way to measure your investing success is not by whether you're beating the market but by whether you've put in place a financial plan and a behavioral discipline that are likely to get you where you want to go.