学会在错误中生存是成功交易的关键。

Learning to survive mistakes is the key to successful trading.

最完美的股票，是那种无聊得让人打哈欠的——分析师不覆盖它，名字听起来就土，业务枯燥得让人昏昏欲睡。但正是这种公司，才可能给你带来最不无聊的回报。

The perfect stock is the one that's so boring that it makes you yawn. No analyst covers it, the name sounds dull, and the business is so tedious it puts you to sleep. But that's exactly the kind of company that can give you the most exciting returns.

聪明的投资者是一个现实主义者，他只买入那些提供安全边际的证券。

A smart investor is a realist who only buys securities that offer a margin of safety.

远比试图预测市场时机更有效的方法是，找到被低估的好公司。

Far more money has been lost by investors trying to anticipate corrections, than lost in the corrections themselves.