The biggest risk is not taking any risk. In a world that is changing quickly, the only strategy that is guaranteed to fail is not taking risks.
最大的风险是不冒任何风险。在一个快速变化的世界里,唯一注定失败的策略就是不冒险。
Day 2 companies make high-quality decisions, but they make high-quality decisions slowly. To keep the energy and dynamism of Day 1, you have to somehow make high-quality, high-velocity decisions.
"Memory can make a thing seem to have been much more than it was."
The key to trading success is to have a solid understanding of market psychology.
The best way to predict the future is to invent it.