市场大幅下跌时，你真正需要做的是重新审视自己持有股票的基本面，而不是整天盯着K线图焦虑。

The key to making money in stocks is not to get scared out of them. Corrections are part of the territory.

任何人都最好别做空。不喜欢的公司避开就好了，千万不要去做空，因为看错一次会让你难受很久甚至一辈子的。

No one should short sell. If you don't like a company, just avoid it. Never short it, because being wrong just once can make you suffer for a very long time, even a lifetime.

把鸡蛋放在一个篮子里，然后看好那个篮子。

Put all your eggs in one basket, and then watch that basket very carefully.

我刚入行时听到的第一句话就是：牛市赚钱，熊市赚钱，只有猪被宰。我告诉你，我就是一头猪。我坚信，获得长期超额回报的唯一方式就是做一头猪。

The first thing I heard when I got in the business — not from my mentor — was, 'Bulls make money, bears make money, and pigs get slaughtered.' I'm here to tell you I was a pig. And I strongly believe the only way to make long-term returns in our business that are superior is by being a pig.