The market is a very efficient mechanism for transferring wealth from the impatient to the patient.

Success is not final, failure is not fatal: It is the courage to continue that counts.

Once in a while the phenomena we exploit are particularly present. We like a reasonable amount of volatility. In our business we want some action. “Tumult is usually good for us. We don’t have credit lines of any significance. We don’t do a lot of leveraged-type financing.

照常经营不再是可选项。