The welfare cost of business cycles is not the business cycle itself, but the fact that people are risk averse.
经济周期的福利成本并非周期本身，而在于人们是风险厌恶的。
不要过分关注短期波动，要专注于长期投资目标。
Be brave, take risks, nothing can substitute experience.
"The inner spaces that a good story lets us enter are the old apartments of religion."
不愿满足现状，愿意为了自己的痴迷而冒险过度，这就是艺术家与娱乐人士的区别。