1.如果你發(fā)現(xiàn)自己在一艘長(zhǎng)期漏水的船上，那么造一艘新船要比補(bǔ)漏洞有效得多。

If you find yourself on a chronically leaky ship, it& #39;s much more effective to build a new ship than to patch the holes.

2.我只投資于連傻子都能經(jīng)營(yíng)的公司，因?yàn)槿诉t早都要成為傻子。

I only invest in companies that even a fool can run, because sooner or later one has to be a fool.

3.我們喜歡這樣的企業(yè)：務(wù)實(shí)簡(jiǎn)單穩(wěn)定。

We like companies that are pragmatic, simple and stable.

4.尋找收購(gòu)對(duì)象，如同“捕獵為數(shù)稀少而又快速移動(dòng)的大象”。

Finding acquisitions is like “hunting a few, fast-moving elephants”.

5.能力有多強(qiáng)并不重要，關(guān)鍵在于正確了解和評(píng)價(jià)自己的能力。

It doesn& #39;t matter how good you are, it& #39;s all about knowing and evaluating what you can do.

6.成功投資的關(guān)鍵：常識(shí)，紀(jì)律和耐心。

The keys to successful investing: common sense, discipline and patience.

7.我從不使用預(yù)測(cè)工具，它們貌似精確。它們?cè)绞秋@得嚴(yán)謹(jǐn)，你就應(yīng)當(dāng)越加小心。

I never use forecasting tools, they appear to be accurate. The more rigorous they appear, the more careful you should be.

8.我們的投資集中在幾家杰出的公司身上，我們是集中投資者。

We concentrate our investments in a few outstanding companies, we are concentrated investors.

9.如果你無(wú)法左右局面，那么錯(cuò)失一次機(jī)會(huì)也不是什么壞事。

If you can& #39;t influence the situation, then a missed opportunity is not a bad thing.

10.最為有效的制止投機(jī)的方式，就是一個(gè)高到極端的股票價(jià)位。

The most effective way to stop speculation is a high to extreme stock price.