市场是一个永远在不可持续的乐观（使股票过于昂贵）和不合理的悲观（使股票过于便宜）之间摇摆的钟摆。聪明的投资者是现实主义者，他们向乐观主义者出售并从悲观主义者那里购买。
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.
聪明的投资是价值投资，获得的比你付出的更多。
I believe in the power of positive thinking.
Fools are the ones who cannot change their minds.