如果你在一家真正优秀的公司里找到了一个好价格，不要因为涨了20%或30%就卖掉——你卖掉的可能是一个十倍股的前身。

If you find a truly outstanding company at a good price, don't sell just because it's up 20% or 30% — you might be selling the precursor to a ten-bagger.

在投资界，耐心不仅是一种美德，更是一种最被低估的竞争优势——当所有人都在追逐热点时，能静下来的人已经赢了一半。

In investing, patience is not just a virtue; it's the most underrated competitive advantage. When everyone is chasing hot trends, the one who can sit still has already won half the battle.

寻找那些在研发上持续投入但不依赖一次研发突破的公司——真正伟大的公司每天都在改进一点点。

Look for companies that invest consistently in R&D but don't depend on a single breakthrough — truly great companies improve a little bit every day.

本分就是回到本源，不做什么比做什么更重要。