投资成功的关键是风险管理，而不是追求回报。

The key to investment success is risk management, not pursuing returns.

我们老得太快，聪明得太迟。

We get old too soon and wise too late.

在桥水我们不做“这事不可能出错“的假设。我们做“如果它出错了我们会怎么发现它“的假设。

At Bridgewater we don't assume 'this can't go wrong.' We assume 'if it goes wrong, how will we find out?'

最好的策略是在大部分时间保持保守，在机会来临时大胆行动。

The best strategy is to be conservative most of the time and act boldly when opportunities arise.