At a restaurant do you order what you know is great， or do you try something new？ Do you make what you know will sell or try something new？ Do you keep dating new folks or try to commit to someone you already met？ The optimal balance for exploring new things vs exploiting them once found is: 1/3. Spend 1/3 of your time on exploring and 2/3 time on deepening. It is harder to devote time to exploring as you age because it seems unproductive， but aim for 1/3.

只有小孩子知道自己在找什么。他们把时间花费在布洋娃娃身上。因此对他们而言，洋娃娃就变得很重要。一旦有人将娃娃拿走，他们就会号啕大哭……

如果你想走得快，就一个人走。如果你想走得远，就一起走。

人民就是政府，通过他们的代理人来管理它；他们就是政府，是主权权力。

The key to successful investing is to have a clear understanding of the market, the risks involved, a disciplined approach, and a long-term perspective.