约翰·邓普顿

英语中最昂贵的四个词是这次不同了。

The four most expensive words in the English language are: this time it's different.

在最悲观的时候买入在最乐观的时候卖出。

Buy at the point of maximum pessimism; sell at the point of maximum optimism.

投资必须多元化不要把所有鸡蛋放在同一个篮子里。

Diversify your investments. Don't put all your eggs in one basket.

行情总在绝望中诞生，在半信半疑中成长，在憧憬中成熟，在希望中毁灭。

Bull markets are born on pessimism, grow on skepticism, mature on optimism, and die on euphoria.

如果你想比大众拥有更好的投资表现，那么你的投资行为必须有别于大众。

If you want to have a better performance than the crowd, you must do something different from the crowd.

买入被低估的资产是获得出色投资收益最确定而且风险最小的方法。

Buying undervalued assets is the most certain and least risky way to achieve superior investment returns.

不要永远钟情于哪一类资产，保持灵活，开阔思维，保持怀疑。

Don't become so wedded to one type of asset that you lose flexibility. Keep your mind open and skeptical.

找到更好的廉价股替代之时，就是卖出原资产之时。

The time to sell an asset is when you have found a better bargain.

分散投资可以有效降低风险，但永远不要忘记风险。

Diversification can reduce risk, but never forget about risk.

最贵的四个字就是：'这次不同。'

The four most expensive words in investing are: 'This time it's different.'

卖出当在崩溃之前，而非崩溃之后。

Sell before the crash, not after.

牛市在悲观中诞生，在怀疑中成长，在乐观中成熟，在狂欢中死亡。

Bull markets are born on pessimism, grow on skepticism, mature on optimism, and die on euphoria.

没有任何一种投资项目能始终保持良好态势，始终保持开放接纳的心态。

There is no investment that always stays in good shape. Always keep an open mind to different investments.

'这次不一样'，是英语中最昂贵的四个字。

The four most expensive words in the English language are 'this time it's different.'

如果你想比大众有更好的表现，就必须与大众不同行事。

It is impossible to produce superior performance unless you do something different from the majority.