A lot of people with high IQs are terrible investors because they've got terrible temperaments.
经济周期并不像曾经认为的那样仅仅是围绕稳定趋势的波动,而是反映了经济中更深层次的结构性变化。
打开纠缠在一起的绳结的最好方法,不是要去「解开」绳结,而是要不断地把松动的部分拉得更宽。尽可能把那团乱麻弄大、弄松、弄开。当你打开绳结的时候,它们就会自行解开。这招适用于绳索、线、软管、毛线或者电线。
We don't have to sacrifice taste for sustainability—we can have both.