投资于那些有稳定现金流的公司，比投资于那些只有增长潜力的公司更安全。

Investing in companies with stable cash flows is safer than investing in companies with only growth potential.

理解估值是投资的基础，而不是追逐热门。

Understanding valuation is the foundation of investing, not chasing popular stocks.

那些不能控制自己情绪的人，不适合从投资中获利。

Individuals who cannot master their emotions are ill-suited to profit from the investment process.

我们买下的，是一家企业未来几十年的盈利能力。

What we buy is a business's earning power for decades to come.