投资中最大的敌人是时间带来的浮躁。你越着急，就越容易做出糟糕的决定，然后因为糟糕的决定更加着急。

The biggest enemy of any investor is the impulse to do something.

理解复利的力量和获得它的难度，是理解许多事情的核心。

Understanding both the power of compound interest and the difficulty of getting it is the heart and soul of understanding a lot of things.

我们可能不知道未来会走向哪里，但我们可以知道我们现在处于什么位置。

We may never know where we're going, but we'd better have a good idea where we are.

构建投资组合的目标不是创造最高回报，而是让你在最艰难的环境中也能活下来，然后自然地增长。

The goal of a portfolio is not to create the highest return, but to survive the toughest environments so you can grow naturally.