1.如果你发现自己在一艘长期漏水的船上，那么造一艘新船要比补漏洞有效得多。

If you find yourself on a chronically leaky ship, it& #39;s much more effective to build a new ship than to patch the holes.

2.我只投资于连傻子都能经营的公司，因为人迟早都要成为傻子。

I only invest in companies that even a fool can run, because sooner or later one has to be a fool.

3.我们喜欢这样的企业：务实简单稳定。

We like companies that are pragmatic, simple and stable.

4.寻找收购对象，如同“捕猎为数稀少而又快速移动的大象”。

Finding acquisitions is like “hunting a few, fast-moving elephants”.

5.能力有多强并不重要，关键在于正确了解和评价自己的能力。

It doesn& #39;t matter how good you are, it& #39;s all about knowing and evaluating what you can do.

6.成功投资的关键：常识，纪律和耐心。

The keys to successful investing: common sense, discipline and patience.

7.我从不使用预测工具，它们貌似精确。它们越是显得严谨，你就应当越加小心。

I never use forecasting tools, they appear to be accurate. The more rigorous they appear, the more careful you should be.

8.我们的投资集中在几家杰出的公司身上，我们是集中投资者。

We concentrate our investments in a few outstanding companies, we are concentrated investors.

9.如果你无法左右局面，那么错失一次机会也不是什么坏事。

If you can& #39;t influence the situation, then a missed opportunity is not a bad thing.

10.最为有效的制止投机的方式，就是一个高到极端的股票价位。

The most effective way to stop speculation is a high to extreme stock price.