市场就像一个巨大的实验室，所有人都在里面做实验，但没有人知道实验的结果——因为实验者本身就在改变结果。

The market is a giant laboratory where everyone is experimenting, but no one knows the outcome — because the experimenters themselves are changing the results.

对于小型公司，最好等它们实现盈利之后再进行投资。

With small companies, it's best to wait until they've shown a profit before investing.

不要依赖预测，而是要为各种情况做好准备。

Do not rely on predictions; instead, be prepared for various situations.

在市场上生存的关键是理解风险，而不是试图避免风险。

The key to survival in the market is understanding risk, not trying to avoid it.