在买入之前，你应该已经想好在什么情况下会卖出。如果你不能在买之前写好'卖出条件'，那你就不应该买。

Before buying, you should already know when you'll sell. If you can't write down your 'sell conditions' before buying, you shouldn't be buying.

复利的魔力和高成本的暴政：投资的全部就是这两件事。

The miracle of compounding returns is overwhelmed by the tyranny of compounding costs.

在长期投资中，成本比时机更重要。

In long-term investing, cost is more important than timing.

买股票就是买公司，这是格雷厄姆教给我的核心。

Buying a stock means buying a company — that is the core of what Graham taught me.