投资不是关于在市场中'击败别人'，而是关于'不打败自己'。大多数投资者的亏损，都源于自己的频繁交易和追涨杀跌。

Investing is not about beating others in the market, but about not beating yourself. Most investors' losses come from their own frequent trading and emotional decisions.

我们需要的是有效的思想，而不是更多的思想。

We need ideas that can be implemented, not just more ideas.

市场波动不是你的敌人，而是你的朋友——前提是你能控制自己不在情绪低落时割肉。

Look at market fluctuations as your friend rather than your enemy.

保守的投资者在晚上睡得着觉。