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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。
我从不写政治歌曲,歌曲拯救不了世界,我已经看透了一切。
世界上充满了显而易见的事情,却没有人注意到。
Life is a thousand-petaled lotus; by refusing to bloom, I also refuse to wither.
The elements of consciousness are to be determined by systematic observation.