Psychology must be a practical science, concerned with the how and why of mental operations.
我看到我们的主要慈善团体,包括世界银行,有太多的愚蠢和愚昧。我真的对建立 Costco 这样的资本主义企业更有信心。
The key to successful investing is to have a long-term horizon.
You can fool all the people some of the time, some of the people all the time, but you cannot fool all the people all the time.