Profit without purpose is chemistry without catalysts - possible, but painfully slow and inefficient.
The key function of banks is transforming illiquid assets into liquid liabilities.
The concept of 'loss aversion' plays a critical role in decision-making, where the pain of losing is psychologically twice as powerful as the pleasure of gaining.
长期成功的关键不仅在于做出正确的决定,还在于从错误中学习。
The key to trading is to have no ego.