I believe it's essential to understand the psychology of the market and the psychology of the individual investor.

唯一真正的错误是我们从中一无所获的错误。

我不是白天，我是黑夜。

Old paint on canvas, as it ages, sometimes becomes transparent. When that happens it is possible, in some pictures, to see the original lines: a tree will show through a woman's dress, a child makes way for a dog, a large boat is no longer on an open sea. That is called pentimento because the painter 'repented,' changed his mind. Perhaps it would be as well to say that the old conception, replaced by a later choice, is a way of seeing and then seeing again.

Ignorance is easier to get than knowledge.

这不仅不正确，甚至算不上错误。

The greatest mistake a man can make is to be afraid of making one.