1.Leverage is addictive, and once you& #39;ve benefited from it, it& #39;s hard to go back to the old ways of proceeding with caution.

杠杆会使人上瘾，一旦你从中获益，就很难回到谨慎行事的老路上去。

2.You need a temperament that allows you to be comfortable and pampered, whether in a group or alone.

你需要一种性情，不管是群居还是独处，你都能够做到从容自若、宠辱不惊。

3.Easy access to funding can easily lead to hasty decisions.

轻易获得资金，容易导致草率的决策。

4.If you know where the boundaries of your circle of competence are, you will be much richer than those who don& #39;t know where the boundaries are even though their circle of competence is five times larger than yours.

如果你知道了能力圈的边界所在，你将比那些能力圈虽然比你大5倍却不知道边界所在的人要富有得多。

5.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。

6.Basically, I can buy whatever I want, but I can& #39;t buy time.

基本上，我想买什么就能买什么，但是我买不到时间。

7.China is full of opportunities, and while it may be too late for me to start learning about investing in China, I& #39;m satisfied that my shareholdings in Coca-Cola, Gillette and others are doing well in China.

中国到处充满着机会，虽然对于我来说现在开始学习在中国投资，可能为时已晚，但我对我所参股的可口可乐公司，吉列公司等在中国的出色表现已感到心满意足了。

8.Being able to find good hunting places is a skill. Whoever gets to a good hunting spot gets more stuff.

能找到好打猎的地方是本事。无论是谁，到了好打猎的地方，都能打到更多东西。

9.We make a lot more money when we& #39;re snoozing than when we& #39;re awake.

我们打盹时赚的钱比起醒着时多很多。

10.I would first focus on the likelihood of any investment failing; if you are certain you won& #39;t lose money, you will make money in the future.

我首先会关注任何投资失败的可能性，如果你肯定不会亏钱，你将来就会赚钱。

以上内容为巴菲特经典语录整理

由数字人巴菲特播报

本视频的文字和画面由七华软件用人工智能技术生成