投资不是短跑而是马拉松，途中最重要的不是速度而是节奏。

Investing is not a sprint but a marathon; what matters most along the way is not speed but pace.

如果你发现自己在市场上追涨杀跌，那是你亏钱的捷径。

If you find yourself chasing rises and cutting losses in the market, that is a shortcut to losing money.

频繁交易是焦虑的出口，却是收益的黑洞。

Frequent trading is an outlet for anxiety, yet a black hole for returns.

等待是投资中最难的部分——你必须愿意什么都不做。

Waiting is the hardest part of investing — you have to be willing to do nothing.