创新是区分领导者和追随者的关键。

Time crumbles things, everything grows old under the power of Time and is forgotten through the lapse of Time.

It's not about money. It's about the people you have, how you're led, and how much you get it.

能源的未来是低碳的，天然气将发挥重要的过渡作用。

We search through historical data looking for anomalous patterns that we would not expect to occur at random. Our scheme is to analyze data and markets to test for statistical significance and consistency over time. Once we find one， we test it for statistical significance and consistency over time. After we determine its validity， weask， ‘Does this correspond to some aspect of behavior that seems reasonable？’

The best investments are often the ones that are the most boring.

We don't inherit the land from our ancestors; we borrow it from our children.

货币政策有效性的关键在于其可信度和锚定长期预期的能力。