如果你在股票市场上感到恐惧，就退出市场。

If you feel fear in the stock market, get out of the market.

我总是在寻找自我强化的过程——当价格上升吸引了更多买家，而更多买家又推动了价格上升。这就是趋势的本质。

I'm always looking for self-reinforcing processes — where rising prices attract more buyers, and more buyers push prices higher. That is the essence of trends.

如果你的决策建立在市场昨天做了什么上，你不是在投资，是在投机。

If your decision is based on what the market did yesterday, you're not investing, you're speculating.

最大的投资错误往往来自于试图预测宏观经济。

The biggest investment mistakes often come from trying to predict the macro economy.