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.
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。
一个社会离真相越远,它就越会憎恨那些说出真相的人。
Writing is a political act, it opens up space for the unheard.
The true measure of our success in fisheries management will be what we leave behind for our children.
A good novel tells us the truth about its hero, but a bad novel tells us the truth about its author.