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。
To know that one does not write for the other, to know that these things I am going to write will never make me loved by the one I love.
文字之间的沉默往往比文字本身更有力量。
The best way to predict the future is to create it.
公司治理的本质是使管理者的利益与股东的利益一致。
Love is an irrational decision.
