时间是优秀企业的朋友，是平庸企业的敌人。

Time is the friend of the wonderful company, the enemy of the mediocre.

业余投资者只要花一点时间研究自己熟悉的行业，完全有能力战胜华尔街的专业基金经理。

The amateur investor has a huge advantage over the professional — all they need to do is spend a little time researching what they already know.

投资你了解的东西。

Invest in what you know.

以合理的价格买入一家伟大的企业，远胜于以便宜的价格买入一家平庸的企业。

A great business at a fair price is superior to a fair business at a great price.