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。
真正的投资者欢迎波动性……一个剧烈波动的市场意味着不合理的低价将周期性地附着于稳健的企业。
Collaboration across borders and industries is the key to solving the energy challenges of our time.
The world is full of people who have stopped listening to themselves or have listened only to their neighbors to learn what they ought to do, how they ought to behave, and what the values are that they should be living by.