
现实
The intelligent investor is a realist who sells to optimists and buys from pessimists.
The most realistic distinction between the investor and the speculator is found in their attitude toward stock-market movements.
The intelligent investor is a realist who sells to optimists and buys from pessimists.
The market is a pendulum that forever swings between unsustainable optimism (which makes stocks too expensive) and unjustified pessimism (which makes them too cheap). The intelligent investor is a realist who sells to optimists and buys from pessimists.
Quality is not a dream; it is a reality.
Quality is not a concept; it is a reality.
The best way to invest is to look at what's happening in the real world and invest accordingly.
The best way to invest is to look at what’s happening in the real world and invest accordingly.
Reality is a question of perspective; the further you get from the past, the more concrete and plausible it seems—but as you approach the present, it inevitably seems more and more incredible.
Reality is a question of perspective; the further you get from the past, the more concrete and plausible it seems.
It's not about ideas. It's about making ideas happen.