我寻找的是那些被严重错误定价的资产。

I look for assets that are severely mispriced.

投资的首要原则不是赚钱，而是不要亏钱。所有成功的投资策略都建立在这个基础之上。

The first principle of investing is not to make money, but to avoid losing money.

持有股票最好的期限是——永远。但前提是，你持有的是一家会不断成长的好公司。

The best stock to buy may be the one you already own.

一笔投资赚不赚钱，往往在买入的那一刻就已大致决定：买得足够便宜，后续只需时间；买得太贵，再好的资产也难逃平庸。

Whether an investment makes money is largely decided at the moment of purchase: buy cheap enough and time does the rest; buy too dear and even a great asset yields only mediocrity.