如果你整天盯着市场报价，你几乎一定会做出糟糕的决策。短期的噪音会淹没有价值的长期信号。

If you watch the market tick by tick, you are almost guaranteed to make bad decisions. Short-term noise drowns out valuable long-term signals.

你最大的竞争优势不在于你知道什么，而在于你清楚地知道你不知道什么。承认无知是智慧的开端。

Your greatest competitive advantage lies not in what you know, but in knowing clearly what you don't know. Acknowledging ignorance is the beginning of wisdom.

痛苦+反思=进步。

Pain + Reflection = Progress.

在所有投资错误中，最大的一个就是让情绪替代理性做出决策——而情绪最危险的时候，恰恰是它感觉最正确的时候。

Of all investment mistakes, the biggest is letting emotion override reason — and emotion is most dangerous when it feels most right.