经济史是一部基于假象和谎言的连续剧。要获得财富，就要认清假象，投入其中，然后在假象被公众认识之前退出。

Economic history is a never-ending series of episodes based on falsehoods and lies.

在投机市场，没有什么是确定的。

In the speculative market, nothing is certain.

我从不试图去预测市场，我只需要在好公司便宜时买入。

I never try to predict the market. All I need to do is buy good companies when they are cheap.

从错误中学习比从成功中学习重要得多。成功可能只是运气，但错误往往指向了系统的缺陷。

Learning from mistakes is far more important than learning from successes. Success may just be luck, but mistakes usually point to systemic flaws.