The market is a pendulum that forever swings between unsustainable optimism (which makes stocks too expensive) and unjustified pessimism (which makes them too cheap). The intelligent investor is a realist who sells to optimists and buys from pessimists.
市场是一个永远在不可持续的乐观(使股票过于昂贵)和不合理的悲观(使股票过于便宜)之间摇摆的钟摆。聪明的投资者是现实主义者,他们向乐观主义者出售并从悲观主义者那里购买。
私下批评,公开表扬。
【解释】仁慈的人爱人,有礼貌的人尊敬人,爱别人的人,别人也会爱他;尊敬别人的人,别人也会尊敬他。
Rationality is not about being right, but about being consistent in your beliefs and actions.
To feed the world, we must first learn to respect the limits of our planet.
领导力不是掌控他人,而是照顾好你负责的人。