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We try to buy stocks selling at a discount from their asset value.
好的市场设计能让个人激励与社会效率保持一致。
译文:青春容易逝去,学问却很难获得成功,所以每一寸光阴都不能轻易放过。赏析:生命短暂,学问却无穷尽,我们要在有限的生命里去追求高深的学问。不要待到岁月逝去时,才后悔莫及。
The problem with people who have no vices is that generally you can be pretty sure they’re going to have some pretty annoying virtues.
可持续性不是一种选择,而是生存的必要条件。