The market is a pendulum that forever swings between unsustainable optimism (which makes stocks too expensive) and unjustified pessimism (which makes them too cheap). The intelligent investor is a realist who sells to optimists and buys from pessimists.

When you betray somebody else, you also betray yourself.

暮春三月,穿上春天的衣服,约上五六人,带上六七个童子,在沂水边沐浴,在高坡上吹风,一路唱着歌而回