1.從長期來看，揣測市場波動賺不著錢，我們不猜漲跌，不直接猜，也不間接猜。

In the long run, speculation about market fluctuations do not earn money, we do not guess up or down, not directly, not indirectly.

2.做投資，別想著坑人，指望最后讓傻子接盤，這么做長遠不了。

Do investment, do not think of pitfalls, count on the end to let the fool take over, so do the long term can not.

3.在極其低賤的價格買入，平價賣出也能獲得喜人的收益，這多有成就感。

Buy at extremely low prices, sell at parity can also get a pleasant return, which is more than a sense of accomplishment.

4.我們能投入40%的倉位，肯定是遇到了特別罕見的情況。正因為罕見，抓準了機會，才要下重注。

We can put 40% of the position, must have encountered a particularly rare situation. It is precisely because of the rarity and the opportunity to capture it that we have to bet heavily.

5.從短期看，價格的決定因素是供求關(guān)系，盈利能力和資產(chǎn)只能間接影響價值，未必能主導股價。

In the short term, the determining factor of price is supply and demand; profitability and assets can only indirectly affect value and may not dominate the share price.

6.我認為評價表現(xiàn)應(yīng)該看五年，至少要看三年，低于三年的業(yè)績沒有意義。

I believe that performance should be evaluated over a five-year period, or at least three years, and performance below three years is meaningless.

7.在時機掌控方面，我們總是在買的時候比賣的時候做的好很多。

In terms of timing control, we always do much better when we buy than when we sell.

8.我們一般不借錢，借錢的話，都是用于套利。

We don& #39;t usually borrow money, and if we do, it& #39;s for arbitrage.

9.我肯定不會預(yù)測宏觀經(jīng)濟或股市行情明后年會怎么樣，我根本不知道。

I& #39;m certainly not going to predict what the macroeconomic or stock market conditions will be like next year or the year after; I simply don& #39;t know.

10.我始終相信，在下跌或平盤的行情中，我們的業(yè)績會跑贏指數(shù)，在上漲的行情中，我們能跟上指數(shù)漲幅就很好了。

I always believe that in a down or flat market, we will outperform the index, and in an up market, we will do well to keep up with the index gains.