可信度加权的决策方式比一人一票制有效得多。在桥水，观点越经过验证的人，在决策中的权重要越大。

Credibility-weighted decision-making is far more effective than one-person-one-vote. At Bridgewater, the more tested an opinion, the more weight it carries.

自然界的铁律是：你奖励什么，就得到什么。如果你想让蚂蚁来，就在地上撒糖。

The iron rule of nature is that you get what you reward for. If you want ants to come, you put sugar on the floor.

投资操作是基于透彻的分析，承诺本金安全，并获得满意回报。任何不符合这三条的就是投机。

An investment operation is one which upon thorough analysis promises safety of principal and a satisfactory return.

好的投资者会时刻关注风险，而不是只关注回报。

Good investors always focus on risk, not just on returns.