如果单纯地以赚钱为目的做投资，几乎不可能成就超凡的长期业绩。

If you invest purely for the purpose of making money, it is almost impossible to achieve extraordinary long-term performance.

决定股票投资者命运的不是头脑，而是耐力。

The key organ in the body for stock picking is the stomach, not the brain.

大多数投资者花太多时间研究“这家公司值多少钱“而花太少时间研究“这家公司未来十年会变成什么样“。

Most investors spend too much time studying 'What is this company worth?' and too little time studying 'What will this company look like in ten years?'

投资的四个维度——回报、风险、成本和时间——只有成本是你可以完全控制的。

Of the four dimensions of investing — return, risk, cost, and time — cost is the only one you can fully control.