在投资中，你需要知道什么时候应该坚持，什么时候应该放弃。

In investing, you need to know when to persist and when to give up.

我评估一门生意，先看它十年后还在不在、好不好。

When I assess a business, I first ask whether it'll still exist and thrive in ten years.

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.

我们对世界的理解从来不是直接的和完整的，而是始终受到我们自身视角的局限——这就是可错性。承认可错性，是所有正确决策的起点。

Our understanding of the world is never direct and complete but is always limited by our own perspective—that is fallibility. Acknowledging fallibility is the starting point of all correct decisions.