It’s 1,450 out of 1,500 ETF funds that I just wouldn’t touch because they’re not diversified enough. Or they have some huge speculative twist to them that if you can guess the markets right you will do very well for a day or two but who can do that? Nobody.
在1,500只ETF基金中,有1,450只是我不会碰的,因为它们不够多元化。或者他们有一些巨大的投机扭曲,如果你能猜对市场,你会在一两天内做得很好,但谁能做到这一点呢?没有人。
The moment we want to believe something, we suddenly see all the arguments for it, and become blind to the arguments against it.
We must listen to our customers—they are the reason we exist.
如果你害怕,就去教堂吧。
最好的故事是那些能让你内心深处有所感触的故事。
永远别说永远,因为限制只是幻觉。
人类就像江河一样:木杖刚把波浪划开,波浪又立刻流到一起去了。
使生命成为可能的唯一事情是永久且难以忍受的不确定性;不知道接下来会发生什么。