The elements of consciousness are to be discovered by careful experimentation.

任何公司最有价值的资产是其员工。

We try to buy stocks selling at a discount from their asset value.

我不相信运气。我相信准备遇到机会。

"The truth is, everyone is going to hurt you. You just got to find the ones worth suffering for."

When you are young spend at least 6 months to one year living as poor as you can， owning as little as you possibly can， eating beans and rice in a tiny room or tent， to experience what your “worst” lifestyle might be. That way any time you have to risk something in the future you won’t be afraid of the worst case scenario.

The whole is other than the sum of the parts.

敲响钟声表明投资者何时应该进入或退出市场的想法根本不可信。在这个行业工作了近50年之后，我不知道有谁能成功和始终如一地做到这一点。我什至不认识任何成功和始终如一地做到这一点的人。