1.The reaction of weak management to weak operations is often weak accounting.

对于企业而言，糟糕的运作加上混乱的管理，结果常常是一笔糊涂帐。

2.Starting to save and invest your money early is a great habit to adopt.

开始存钱并及早投资，这是最值得养成的好习惯。

3.We seek a large margin of safety and diversification in every investment, trying to reduce the risk of permanent capital loss to an absolute minimum.

我们在每一笔投资中都追求极大的安全边际并分散投资，力图将永久性资本损失的风险降到绝对最小值。

4.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。

5.One must have a passion for the work but not greed and be fascinated by the process of investing to be suitable for the job. The desire for profit can destroy you. Of course, the person who is indifferent to money or indifferent to wealth is not suitable for this & #39;game& #39; because he has no passion if he doesn& #39;t like it.

必须有工作激情但又没有贪念，并且对投资的过程入迷的人才适合做这个工作。利欲熏心会毁了自己。当然，漠视金钱或者淡泊财富的人也不适合玩这种‘游戏’，因为他不喜欢就没有激情。

6.I specialize in figuring out how to deny myself. Most people try to defend their ideas, no matter how foolish they may be.

我专门琢磨怎么否定自己。大多数人都是努力维护自己的想法，无论自己的想法多么愚不可及。

7.In the long run, people who can delay gratification will live better.

长期来看，能够延迟满足的人会活得更好。

8.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。

9.If you& #39;re stuck in a bad business for too long your results are bound to be bad too, even if your buy-in price is cheap. If you& #39;re in a good business, even if you start out paying a little extra, your returns are bound to be substantial if you stay in it long enough.

如果你陷在糟糕的生意里太久的话，你的结果也一定会糟糕，即使你的买入价很便宜。如果你在一桩好生意里，即使你开始多付了一点额外的成本，如果你做的足够久的话，你的回报一定是可观的。

10.Becoming a rational, objective person should be the most important pursuit in life.

成为一个理性、客观的人，这应该是人生最重要的追求。

以上内容为巴菲特经典语录整理

由数字人巴菲特播报

本视频由七华软件用人工智能技术生成