如果你的投资顾问给你推荐了一只他本人没有买的基金——把门打开请他出去。

If your investment advisor recommends a fund he doesn't own personally — open the door and show him out.

你不必在每场游戏中都参与。事实上，只参与那些你明显有优势的游戏，是长期获胜的唯一途径。

You don't have to play every game. In fact, only playing the games where you have a clear edge is the only path to long-term victory.

投资里真正的风险，是本金的永久损失，而非波动。

Risk is not volatility; it is the permanent loss of capital.

投资操作是基于全面的分析，旨在确保本金安全和满意回报。不满足这些要求的操作就是投机。

Investment operation is one that promises safety of principal and a satisfactory return. Operations not meeting these requirements are speculative.