你必须学会接受不确定性，这是投资和生活的本质。

You must learn to accept uncertainty; it is the nature of investing and life.

整个基金行业的结构性问题在于：基金经理通过管理别人的钱变得富有，而投资者承担了全部的风险和大部分的费用。

The structural problem of the entire fund industry is this: fund managers get rich by managing other people's money, while investors bear all the risk and most of the costs.

投资的终极目标不是赚最多的钱，而是赚足够的钱，同时避免毁灭性的损失。

如果我知道我会在哪里死去，我就永远不会去那个地方。

All I want to know is where I'm going to die, so I'll never go there.