Active management strategies are unlikely to produce superior results after fees.
So what I want to argue for is not that we should give up on our ideas of success, but we should make sure that they are our own. We should focus in on our ideas, and make sure that we own them; that we are truly the authors of our own ambitions. Because it's bad enough not getting what you want, but it's even worse to have an idea of what it is you want, and find out, at the end of the journey, that it isn't, in fact, what you wanted all along.
我们不是从祖先那里继承了海洋;而是从子孙那里借来的。
每一次演出都是新的挑战,我喜欢这种挑战。