我之所以富有，只是因为我知道自己什么时候错了。

I'm only rich because I know when I'm wrong.

在投资中，风险管理应该放在第一位。

In investing, risk management should come first.

你不必在每场游戏中都参与。事实上，只参与那些你明显有优势的游戏，是长期获胜的唯一途径。

You don't have to play every game. In fact, only playing the games where you have a clear edge is the only path to long-term victory.

好的投资是那些即使在不利情况下也能保护你本金的的投资。

Good investments are those that protect your principal even in adverse conditions.