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The market is a pendulum that forever swings between unsustainable optimism (which makes stocks too expensive) and unjustified pessimism (which makes them too cheap). The intelligent investor is a realist who sells to optimists and buys from pessimists.

We are all part of an unbroken chain of life.

It is vain to talk of the interest of the community， without understanding what is the interest of the individual.

我們的認知偏差不僅僅是判斷上的錯誤；它們是窺視人類大腦進化適應的窗口。

Don't just sell products—sell values and vision.