止损是投机者的词，价值投资者只在看错生意时离场。

Stop-loss is a speculator's word; value investors exit only when they misjudge the business.

不要问'这只股票能不能涨'，要问'这家公司五年后会比现在强多少'。如果答案是'强很多'，股价自然会跟上来。

Don't ask 'will this stock go up?' Ask 'how much stronger will this company be in five years?' If the answer is 'much stronger,' the stock will follow.

企业文化是一家公司最深的护城河，没有文化的公司走不远。

Corporate culture is a company's deepest moat; one without it won't go far.

反过来想，总是反过来想。如果想帮助印度，先问：什么会毁了印度？然后避开它。

Invert always invert. Turn a situation or problem upside down.