股票市场充斥着知道一切的价格但不知道任何东西的价值的人。

The stock market is filled with individuals who know the price of everything, but the value of nothing.

一家持续“支付并增加股息”的公司，是在用“真金白银”证明它的利润是真实的。

The true investor will do better if he forgets about the stock market and pays attention to his dividend returns and to the operating results of his companies.

以合理的价格买优秀的公司，远胜用便宜的价格买平庸的公司。

It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price.

债券投资比股票投资更安全，但回报也更低。

Bond investing is safer than stock investing, but the returns are also lower.