投资于那些专注于核心业务的公司。

Invest in companies that focus on their core business.

大多数投资者花太多时间研究“这家公司值多少钱“而花太少时间研究“这家公司未来十年会变成什么样“。

Most investors spend too much time studying 'What is this company worth?' and too little time studying 'What will this company look like in ten years?'

成功的企业家往往是最擅长发现和解决问题的人。

Successful entrepreneurs are often the best at discovering and solving problems.

一家真正伟大的企业，是那种不需要持续投入大量资本就能维持竞争优势的企业。资本是增长的燃料，但越省燃料的车跑得越远。

The truly great businesses are those that require very little capital to grow. The best business is one that produces a lot of cash and doesn't need much to keep growing.