我一直在寻找某样东西的定价里有没有隐含一个逻辑上的不可能——如果有那我就找到了交易。

I'm always looking for whether the pricing of something contains a logical impossibility — if it does, I've found my trade.

我的基金叫量子基金——因为量子物理学教会我一个道理：观测行为会改变被观测的对象。在金融市场上投资者的预期会改变市场本身。

My fund is called Quantum Fund because quantum physics taught me one thing: the act of observation changes what is being observed. In financial markets, investors' expectations change the market itself.

在投资中，好消息不一定是好投资——如果市场已经提前消化了所有好消息，买入反而会亏钱。

In investing, good news doesn't necessarily mean a good investment. If the market has already priced in all the good news, buying can still lose you money.

别人贪婪时我恐惧，别人恐惧时我贪婪。

Be fearful when others are greedy and greedy when others are fearful.