投资中最重要的事是确定能力圈的边界在哪里，而不是能力圈有多大。

What counts for most people in investing is not how much they know, but how realistically they define what they dont know.

财务报表只能告诉你一家公司过去做了什么，但人——管理层——才能告诉你将来会做什么。

Financial statements can tell you what a company has done in the past, but people — the management — tell you what it will do in the future.

我天生就是来配置资本的。

I was wired at birth to allocate capital.

一个人能做出的最聪明的投资就是投资自己。你学到的任何技能都不会被通胀侵蚀，也不会被市场没收。

The most important investment you can make is in yourself.