靠水晶球（预测）谋生的人，很快会学着去吃碎玻璃。

He who lives by the crystal ball soon learns to eat broken glass.

我们永远无法精确知道风险在哪，但我们可以知道什么时候风险'不值那个价'——然后站在一旁什么都不做。

We can never know exactly where risks lie, but we can know when risks aren't being priced properly — and then stand aside and do nothing.

我们从来不因为宏观经济的预测而买入或卖出一家企业。宏观经济变量太多，没有人能持续预测准确。

We don't buy or sell based on macroeconomic predictions. There are too many variables.

如果你不感到担忧，你担忧得还不够；如果你过于担忧，你就做不成任何事。

If you're not worried, you need to worry — and if you're worried, you don't need to worry.