保住本金不是保守，而是理性的起点。没有本金，就没有下一次机会。永远先问“我会亏多少”，再问“我能赚多少”。

Preserving capital isn't being conservative; it's the starting point of reason. Without capital there's no next opportunity. Always ask 'how much can I lose' before 'how much can I make'.

痛苦+反思=进步。如果你没有感到痛苦，你可能没有在真正的边界上推进自己。

Pain plus reflection equals progress.

股市的下跌，就像科罗拉多州一月份的暴风雪一样稀松平常。如果你早有准备，它伤害不了你。

A stock market decline is as routine as a January blizzard in Colorado. If you're prepared, it can't hurt you.

除非你真的了解自己在干什么否则什么也别做。

Unless you really understand what you're doing, don't do anything.