股价长期永远跟着盈利走，从来没有例外——这是股市里为数不多的铁律之一。

In the long term, stock prices follow earnings. There are no exceptions.

有时候最好的投资行动就是去拜访一次工厂——看看工人脸上有没有笑容。

Sometimes the best investment action is to visit a factory — and see if the workers have smiles on their faces.

了解管理层如何对待员工可以反映公司的文化。

Understanding how management treats employees can reflect the companys culture.

当一个以辉煌名声著称的管理团队，接手一个以糟糕经济特征著称的企业时，最终完好无损的往往是后者的名声。

When a management with a reputation for brilliance tackles a business with a reputation for bad economics, it is the reputation of the business that remains intact.