复利的力量是惊人的，但成本会侵蚀大部分收益。

The power of compounding is amazing, but costs erode most of the gains.

长期来看，股票市场是一台称重机，而非一台投票机。

In the long run, the stock market is a weighing machine, not a voting machine.

公司盈利和股价之间的关联，在短期像一根橡皮筋——可以拉得很远，但最终会弹回来。

The relationship between earnings and stock prices is like a rubber band — it can stretch far, but eventually it snaps back.

股价短期是投票机，长期是称重机。短期内市场受人气和情绪影响，但最终企业的真实价值会决定股价的走向。

In the short run, the market is a voting machine. In the long run, it's a weighing machine. Short-term, the market is driven by popularity and emotion, but eventually the true value of the business determines the stock price.