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.
Collaboration is key—governments, businesses, and communities must work together for sustainable forests.
数学不是沿着一条清理得很好的高速公路小心行进,而是进入一个陌生的荒野的旅程,探险者常常会迷路。
The more you know yourself, the more patience you have for what you see in others.
衡量公司价值的真正标准是它如何对待收入最低的员工。
写作是重新获得自己历史的一种方式。