投资不是关于在市场中'击败别人'，而是关于'不打败自己'。大多数投资者的亏损，都源于自己的频繁交易和追涨杀跌。

Investing is not about beating others in the market, but about not beating yourself. Most investors' losses come from their own frequent trading and emotional decisions.

如果你发现自己在一个洞里，最重要的事情就是停止挖洞。

The most important thing to do if you find yourself in a hole is to stop digging.

如果你不感到担忧，你担忧得还不够；如果你过于担忧，你就做不成任何事。

If you're not worried, you need to worry — and if you're worried, you don't need to worry.

如果你无法用一支蜡笔说清楚一家公司的业务，就不要买它的股票。复杂是分析的敌人，简洁是决策的朋友。

If you can't explain a company's business in one sentence with a crayon, you don't understand it well enough to invest.