1.偉大企業(yè)的定義如下：一個(gè)企業(yè)能夠保持其作為偉大企業(yè)的地位25或30年。

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. 

2.我用屁股賺的錢(qián)比用腦子賺的錢(qián)多。

I make more money with my ass than I do with my brain.

3.注定會(huì)贏的企業(yè)注定是稀缺的。查理和我花了畢生精力，也只找到很有限的幾家。 

Businesses that are destined to win are destined to be rare. Charlie and I have spent our lives trying to find only a very limited number of them. 

4.投資對(duì)于我來(lái)說(shuō)，既是一種運(yùn)動(dòng)，也是一種娛樂(lè)。

Investing for me is both a sport and a recreation. 

5.我們不投不能評(píng)估其未來(lái)自由現(xiàn)金流的生意，無(wú)論他們公司的產(chǎn)品可能多么激動(dòng)人心。

We don& #39;t invest in businesses that can& #39;t assess their future free cash flow, no matter how exciting their company& #39;s product may be. 

6.我從來(lái)不曾有過(guò)自我懷疑。

I& #39;ve never had self-doubt.

7.錯(cuò)過(guò)一個(gè)人的能力范圍之外的大好機(jī)會(huì)，不是什么罪孽。

It is no sin to miss a great opportunity that is beyond one& #39;s ability.

8.任何刺激你瞎折騰的環(huán)境，都要遠(yuǎn)離。華爾街無(wú)疑就是這樣的環(huán)境。

Any environment that stimulates you to fool around, stay away from. Wall Street is certainly such an environment.

9.耐心總是有回報(bào)的。

Patience always pays off.

10.假如你缺乏自信，心虛與恐懼會(huì)導(dǎo)致你投資慘敗。

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