恐惧虽然是盲从者的敌人，但却是基本面信徒的好朋友。

Fear may be the enemy of the herd follower, but it's the best friend of the fundamental believer.

防御型投资者的投资组合应该包括高质量的债券和多样化的大型蓝筹股。

A defensive investors portfolio should include high-quality bonds and diversified large-cap blue-chip stocks.

你投资的是企业的未来收益，而不是市场的情绪波动。

Stock returns are driven by investment return — dividend yield and earnings growth — and speculative return.

在投资中，便宜是硬道理。

In investing, cheapness is hard truth.