价值投资不是买便宜的东西，而是买那些价格远低于内在价值的东西——而内在价值本身也是不确定的。

Value investing isn't about buying cheap things; it's about buying things for less than they're worth. And intrinsic value itself is uncertain.

在投资中，你只需要等待那个'最甜的好球'再挥棒——你一生中不需要击出很多好球，只需要击出几个。

You don't have to swing at everything — you can wait for your pitch. The trick in investing is to sit on your ass and wait.

远比试图预测市场时机更有效的方法是，找到被低估的好公司。

Far more money has been lost by investors trying to anticipate corrections, than lost in the corrections themselves.

价值投资在根本上就是逆向主义——你要愿意与人群为敌。

Value investing is at root the practice of contrarianism.