Government, even in its best state, is but a necessary evil; in its worst state, an intolerable one.
政府,即使在其最佳状态下,也不过是一种必要的恶;在其最坏的状态下,则是一种无法忍受的恶。
The key to successful investing is to have a strong understanding of the fundamentals, a disciplined approach, a clear understanding of the market, a long-term perspective, a clear understanding of the risks and rewards, and a strong understanding of the market psychology.