1.Profit from folly rather than participate in it.

獲利于愚蠢，而非陷于愚蠢。

2.Someone is sitting in the shade today because someone planted a tree a long time ago.

有人今天坐在樹蔭下，是因?yàn)樗芫靡郧胺N了一棵樹。

3.I always knew I was going to be rich. I don& #39;t think I ever doubted it for a minute.

我一直知道自己會(huì)變得富有，一分鐘都沒有懷疑過。

4.Losing some money is an inevitable part of investing and there is nothing you can do to prevent it.

虧錢是投資中不可避免的組成部分，你根本就無法防范。

5.If you are in a poker game and after 20 minutes you don’t know who the patsy is, then you’re the patsy.

如果你在玩撲克牌，20分鐘后你都不知道誰是韭菜，那么你就是韭菜。

6.Unless you can watch your stock holding decline by 50% without becoming panic-stricken, you should not be in the stock market.

除非你能看著你的持股跌個(gè)50%而不驚慌失措，否則你就不該踏入股市。

7.We don& #39;t get paid for activity, just for being right. As to how long we& #39;ll wait, we& #39;ll wait indefinitely.

我們得到回報(bào)不是因?yàn)榻灰追e極，而只是行事正確。至于我們要等待多久，那可沒有什么期限。

8.Investing is built on estimates and uncertainty. A wide margin of safety ensures that the effects of good decisions are not wiped out by errors.

投資是建立在預(yù)估和不確定上的。一個(gè)寬泛的安全邊際會(huì)確保好的投資決策的成果不會(huì)因犯錯(cuò)而蕩然無存。

9.The advice "you never go broke taking a profit" is foolish.

“落袋為安，永不破產(chǎn)”是愚蠢的建議。

10.Over the long term, the stock market news will be good. In the 20th century, the United States endured two world wars and other traumatic and expensive military conflicts; the Depression; a dozen or so recessions and financial panics; oil shocks; a fly epidemic; and the resignation of a disgraced president. Yet the Dow rose from 66 to 11,497.

長期來看，股市的消息將會(huì)是利好的。在20世紀(jì)，美國遭受了兩次世界大戰(zhàn)以及其它多次傷亡慘重，耗資巨大的軍事沖突，大蕭條，十幾次經(jīng)濟(jì)衰退和金融恐慌，數(shù)次石油沖擊，一次大流感，一位不光彩的總統(tǒng)退位。然而，道瓊斯指數(shù)還是從66點(diǎn)攀升到11497點(diǎn)。

11.Mr. Market is your servant, not your master. Mr. Market& #39;s moods should not influence your view of price.

市場先生是你的仆人，而不是你的主人。你對價(jià)格的看法不應(yīng)該受市場先生的情緒影響。

12.Never test the depth of the river with both the feet.

切勿同時(shí)用雙腳測試河的深度。

13.When something bad happens, you have three choices. You can let it define you, let it destroy you, or you can let it strengthen you.

當(dāng)厄運(yùn)降臨時(shí)，你有三個(gè)選擇：讓它定義你，讓它摧毀你，讓它使你更強(qiáng)大！