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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。
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.
The loneliness of command is inevitable.
True leadership in fisheries means balancing economic needs with environmental responsibility.
I'm not afraid of death, I'm afraid of not trying.
The key to success in trading is discipline and risk management.
Now this is not the end. It is not even the beginning of the end. But it is, perhaps, the end of the beginning.