The best way to measure your investing success is not by whether you're beating the market but by whether you've put in place a financial plan and a behavioral discipline that are likely to get you where you want to go.
衡量你投资成功的最佳方式不是看你是否击败了市场，而是看你是否制定了一个财务计划和行为纪律，这些可能带你到达你想去的地方。
The index fund is a most unlikely hero for the typical investor.
指数基金是典型投资者最不可能的英雄。
The two greatest enemies of the equity fund investor are expenses and emotions.
The idea that a bell rings to signal when investors should get into or out of the stock market is simply not credible.
认为有钟声会信号投资者何时进入或退出股市的想法根本不可信。
The greatest enemy of a good plan is the dream of a perfect plan.
一个好计划的最大敌人是完美计划的梦想。
The miracle of compounding returns is overwhelmed by the tyranny of compounding costs.
Don't look for the needle in the haystack. Just buy the haystack!
不要在干草堆里找针。直接买下整个干草堆！
In investing, you get what you don’t pay for.
在投资中，你得到的是你没有支付的东西。
时间是你的朋友；冲动是你的敌人。
The stock market is a giant distraction to the business of investing.