当潮水退去，才知道谁在裸泳。

Only when the tide goes out do you discover who's been swimming naked.

我不预测宏观，宏观太复杂，我也没那个本事。

I don't forecast the macro; it's too complex and beyond my ability.

宏观经济预测不会让你赚钱。如果你把所有经济学家首尾相连排成一条线，他们还是指不出方向。

Macroeconomic predictions won't make you money. If you laid all the economists end to end, they still wouldn't reach a conclusion.

在市场上，钱是从恐慌者手中转移到自信者手中的。

In the market, money transfers from panickers to the confident.