我们不去跨越七英尺高的栏，我们寻找的是一英尺高、对面有丰厚回报的栏。

We don't leap over seven-foot bars; we look for one-foot bars with big rewards on the other side.

业余投资者比专业投资者有优势，因为他们可以投资于任何他们了解的公司。

Individual investors have an advantage over professional investors because they can invest in any company they understand.

如果你不愿意持有一只股票十年，那你连十分钟都不要持有。

If you aren't willing to own a stock for ten years, don't even think about owning it for ten minutes.

可信度加权的决策系统——让最懂行的人有最大的话语权。

A believability-weighted decision-making system — giving the most knowledgeable people the loudest voice.