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。

股市的下跌就像科罗拉多州的暴风雪一样，是不可避免的。如果你准备好了，它们不会伤害你。

Stock market declines are as inevitable as Colorado snowstorms. If you are prepared they cannot hurt you.

人群集体癫狂抢购时，往往是理性投资者该安静离场的时候；人群绝望抛售时，反而是该出手捡便宜的时机。

When the crowd is maniaically buying is often when the rational investor should quietly step aside; when they despair and sell is when bargains appear.

金钱不幸的地方，是它常常让人做蠢事。

The unfortunate thing about money is that it makes people do foolish things.