乔尔·格林布拉特
经典名言
共 47 条名言
在投资中，简单的方法往往比复杂的方法更有效。
In investing, simple methods are often more effective than complex ones.
神奇公式的全部秘密：以便宜的价格，买入优秀的公司。
The magic formula is simply about buying good companies at bargain prices.
以划算的价格买好公司，就是价值投资的全部秘密。
Buying good companies at bargain prices is the whole secret of value investing.
再好的策略也会阶段性失效，能坚持下来的人才会赢。
No strategy works all the time; only those who stick with it through the rough patches win.
价值投资之所以长期有效，恰恰是因为它会在某些时期失效。
Value investing works because it doesn't always work.
以便宜的价格买好公司，就是神奇公式。
Buying good companies at bargain prices is the magic formula.
坚持以你真正理解的少数几家公司投资，而非滑到第30或第50个偏好，会带来更高的超额回报。
Sticking to investing in only a small number of companies you understand well, rather than moving down to your thirtieth or fiftieth favorite, would create much greater potential for above-average returns.
用便宜的价格买好公司。
Buy good companies at bargain prices.
以低价买入好公司，就是神奇公式的核心。
The magic formula is to buy good companies at cheap prices.
大多数人无法战胜市场，是因为他们被情绪左右。
Most people fail to beat the market because they are ruled by emotion.
以便宜价格买入好公司，是战胜市场唯一可靠的方法。
Buying good companies at bargain prices is the only reliable way to beat the market.
在做出最初的投资决策时，要往下看，而不是往上看。如果你不亏钱，剩下的大部分选择都不错。
When making an initial investment decision, look down, not up... if you don't lose money, most of the remaining choices are pretty good.
只投资少数你真正理解的公司，而不是凑满你的第三十或第五十个选择。
It just seems logical that sticking to investing in only a small number of companies that you understand well, rather than moving down the list to your thirtieth or fiftieth favorite pick...
用便宜的价格买好公司，这就是神奇公式的精髓。
Buy good businesses at cheap prices—that's the magic formula.
集中投资于少数你真正了解的公司，回报可能更高。
Concentrate on a few companies you truly understand.
我最大的失误是错过沃尔玛——我用了五十家门店的思维，去估一家能开两千家店的公司。
投资的秘诀是：搞清楚某样东西值多少钱，然后付得便宜很多。
成功投资的两把钥匙：以便宜的价格，买入优质的公司。
Buying good companies at bargain prices is the key to outperforming.
今天看似昂贵的股票，从未来收益看可能极其便宜。
与其把钱分散到你第三十或第五十看好的公司，不如集中在少数你真正理解的公司。
以便宜价格买入好公司，是唯一理性、合理的投资方式。
Buying good companies at bargain prices is the only sensible, logical way to invest.
神奇公式可能在十分之三的年份里跑输大盘，但拉长到足够久，它就会赢。
The magic formula may underperform the market in three out of ten years, but over longer periods it wins.
弄清楚某样东西值多少钱，然后用低得多的价格买入它。这就是全部游戏。
Figure out what something is worth, and pay a lot less for it. That's the whole game.
价格波动远大于价值波动——机会就藏在这差距里。
Prices fluctuate more than values — so therein lies opportunity.
价值投资不总是有效——而这恰恰正是它有效的理由。
Value investing doesn't always work, which is precisely why it works.
以便宜的价格买一门好生意。
Buy good businesses at bargain prices.
大多数人坚持不了一个简单策略，这恰恰是它有效的原因。
Most people can't stick with a simple strategy — that's exactly why it works.
以好价格买好公司，好公司+好价格=好投资。
Buy good companies at bargain prices.
神奇公式：用便宜的价格买资本回报率高的公司。
The magic formula: buy high-return-on-capital businesses at cheap prices.
投资的秘诀是：算清一样东西值多少，然后出低得多的价。
The secret to investing is to figure out the value of something — and then pay a lot less.
做初始决策时，要往下看，而不是往上看。
Look down, not up, when making your initial investment decision. If you don't lose money, most of the remaining alternatives are good ones.
在长期投资里，做'少'往往等于做'多'。
When it comes to long-term investing, doing 'less' is often 'more'.
以便宜的价格买好公司，是赚大钱的秘密。
Buying good companies at bargain prices is the secret to making a lot of money.
神奇公式有效，但多数人没耐心坚持。
The magic formula works, but most people don't have the patience to stick with it.
在长期投资中，做得少往往就是做得好。
In long-term investing, doing 'less' is often 'more'.
价值投资就是搞清楚某样东西值多少，然后以低得多的价格买入。
Value investing is figuring out what something is worth and paying a lot less.
系统化策略的意义，在于逼你长期做正确但不舒服的事。
以低价买入好企业的股票，是赚大钱的诀窍。
Buying good companies at low prices is the secret to making money.
神奇公式：买入'优秀且便宜'的公司，长期机械执行即可跑赢市场。
The magic formula: mechanically buy 'good and cheap' companies over the long term to beat the market.
神奇公式只有从长期看才会见效；坚持比聪明更重要。
The magic formula only works over the long term; perseverance matters more than cleverness.
投资的秘诀，就是算清楚一样东西值多少钱——然后出价低得多地买下它。
The secret to investing is to figure out the value of something—and then pay a lot less.
神奇公式只是按两个维度给公司排序：它们有多便宜，以及它们的质量有多高。
The magic formula simply ranks companies based on two factors: how cheap they are and how high their quality is.
以便宜价格买入好公司，是唯一能稳定跑赢市场的方法。
Buying good companies at bargain prices is the only way to consistently beat the market.
搞清楚某样东西的价值，然后付少得多的钱。
Figure out what something is worth and pay a lot less.
做初始投资决策时要往下看，而不是往上看。要先不亏钱，剩下的选择大多都不错。
Look down, not up, when making your initial investment decision. If you don't lose money, most of the remaining alternatives are good ones.
好公司，便宜买，就是简单又有效的投资魔法。
Buy good companies at bargain prices.
市场短期是情绪化的，但好生意的长期价值终会胜出。
The market is emotional in the short run, but good businesses win over time.