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The best way to avoid mistakes is to gain experience.
如果汽车的发展周期与计算机相同,今天的劳斯莱斯将只需100美元,每加仑行驶一百万英里,并且每年爆炸一次,杀死车内所有人。
你为某件事付出的努力越多,实现时的成就感就越大。
The right way to think is the way Zeckhauser plays bridge. It’s not that he’s so smart that he always knows the right answer. He just plays the odds better.
When stocks are attractive, you buy them. Sure, they can go lower. I’ve bought stocks at $12 that went to $2, but then they later went to $30.