一家持续“支付并增加股息”的公司，是在用“真金白银”证明它的利润是真实的。

The true investor will do better if he forgets about the stock market and pays attention to his dividend returns and to the operating results of his companies.

我从不因为一家公司规模小就轻视它——事实上我最赚钱的投资大多数都是在它还很小的时候就开始的。

I never dismiss a company just because it's small — in fact, most of my most profitable investments started when the company was still tiny.

最好的投资机会往往在别人不感兴趣的地方。

The best investment opportunities are often found where others are not interested.

一般来讲，聪明人知道如何把事情做对，但有智慧的人知道要做对的事情。投机投的是零和游戏，投资投的是企业带来的利润。

Generally speaking, smart people know how to do things right, but wise people know to do the right things. Speculation is a zero-sum game; investing is betting on the profits generated by the business.