理解不同类型风险的特性是资产配置的基础。

Understanding the characteristics of different types of risk is the foundation of asset allocation.

安全边际是投资的基石。

The margin of safety is the cornerstone of investment.

成功的交易者知道什么时候应该休息。

Successful traders know when they should take a break.

在投资中，不要把所有鸡蛋放在一个篮子里。

In investing, do not put all your eggs in one basket.