不要拿你拥有和需要的东西，去换你不需要和不想要的东西。

Don't risk what you have and need for what you don't have and don't need.

投资的关键是控制风险，而不是追求高回报。

The key to investing is controlling risk, not pursuing high returns.

我之所以富有，仅仅是因为我知道自己在什么时候错了。我基本上是一个善于认错的人。

I am only rich because I know when I am wrong. I basically have survived by recognizing my mistakes.

投资中残酷的讽刺是：我们投资者作为一个整体，得到的回报恰好是扣除费用之后的市场回报——不多不少。