你不需要买入每一只便宜的资产。你只需要买入那些你最有把握的少数几个。

You don't need to buy every cheap asset. Just the few you're most certain about.

赌徒确实会焦虑，所以他们需要学心理学，需要找到安慰自己的办法。你买自己懂的未来会赚很多钱的公司，你是不需要懂心理学的，你懂公司就足够了。

Gamblers do get anxious, which is why they need psychology and ways to comfort themselves. When you buy companies you understand that will make a lot of money in the future, you don't need psychology — understanding the company is enough.

可信度加权的决策方式比一人一票制有效得多。在桥水，观点越经过验证的人，在决策中的权重要越大。

Credibility-weighted decision-making is far more effective than one-person-one-vote. At Bridgewater, the more tested an opinion, the more weight it carries.

我天生就是来配置资本的。

I was wired at birth to allocate capital.