远比试图预测市场时机更有效的方法是，找到被低估的好公司。

Far more money has been lost by investors trying to anticipate corrections, than lost in the corrections themselves.

简单的事重复做，长期做对的事，复利会奖励你。

Do simple things repeatedly; do the right things over time, and compounding will reward you.

伯克希尔最被低估的资产不是我们的股票组合，而是我们的保险浮存金——它让我们能以负成本借钱投资。

Berkshire's most underrated asset isn't our stock portfolio — it's our insurance float, which lets us borrow money at a negative cost to invest.

我从不试图通过预测股市赚钱。我买入的前提假设是：明天交易所关门，五年内都不再开门。