The most significant threat to liberal democracy today is not from the outside, but from within.
最强者也不能总是强大得足以永远作主人,除非他能把力量转化为权利和服从的义务。
投资管理的本质是管理风险,而不是管理回报。
The only way you can write the truth is to assume that what you set down will never be read.