1.Nothing is certain. Nothing is certain tomorrow. Nothing is certain next year.

没有什么是确定的。明天什么都不确定。明年什么都不确定。

2.I& #39;m no genius, but I& #39;m smart in spots, and I stay around those spots.

我不是天才，但是我在某些事情上很聪明，我就只关注这些事情。

3.A lot of things change, but one thing stays the same and that is - we will always hold a lot of cash and cash is like oxygen.

很多事情都会变，但有一件事不变，那就是——我们总会持有很多现金，现金就像氧气。

4.Act decisively when the need arises and make one or two good decisions to win.

在有需要的时候果断行动，做出了一两个正确的决定就能赢。

5.If you let yourself be undisciplined on the small things, you will probably be undisciplined on the large things as well.

如果你在小事上无原则，那么在大事上一样没有原则。

6.The fact that people are full of greed, fear, or folly is predictable. The sequence is not predictable.

人性的弱点总是充满贪婪、恐惧或者是愚蠢，这是完全可以预测的，但是我们无法预测这种人性弱点的发生顺序。

7.It& #39;s easier to stay out of trouble than it is to get out of trouble.

避开麻烦比解决麻烦要容易。

8.Don& #39;t use money that belongs to you, and that you need, to make money that doesn& #39;t belong to you, and that you don& #39;t need, it& #39;s stupid!

不要用属于你、并且你也需要的钱，去挣那些不属于你、你也不需要的钱，这太愚蠢了！

9.If you& #39;re stuck in a bad business for too long, your results are bound to be bad as well, even if your cost is cheap.

如果你陷在糟糕的生意里太久，你的结果也一定会糟糕，即使你的买入价很便宜。

10.The definition of a great business is as follows: a business that has been able to maintain its status as a great business for 25 or 30 years.

伟大企业的定义如下：在25年或30年仍然能够保持其伟大企业地位的企业。

11.Truly great investment ideas are often summarized in a simple sentence!

真正伟大的投资理念常常用简单的一句话就能概括！

12.If you lack confidence, weakness and fear can cause you to fail miserably in your investments.

假如你缺乏自信，心虚与恐惧会导致你投资惨败。

13.If we have firm long-term investment aspirations, then short-term price fluctuations mean nothing to us unless they give us the opportunity to increase our shareholding at a cheaper price.

如果我们有坚定的长期投资期望，那么短期的价格波动对我们来说毫无意义，除非它们能够让我们有机会以更便宜的价格增持股份。