1.不要被收益蒙骗，股本收益率才是关键。

Don& #39;t be fooled by returns—return on equity is what matters.

2.糟糕的企业需要每一步都走对才能生存。

Poor companies need to get every step right just to survive.

3.长期持有优质企业股权是抵御货币贬值的最佳选择。

Holding quality companies long-term is the best defense against currency devaluation.

4.做时间的朋友，不如做通胀的敌人。

Rather than be time& #39;s friend, be inflation& #39;s enemy.

5.如果你是那种在形势向好时兴奋不已、形势不好时又惊恐万分的人，那么股票市场对你来说就是一个糟糕的地方。

If you& #39;re the type who gets euphoric when things go well and panics when they go bad, the stock market is a terrible place for you.

6.等待极端价格才买是一种贪婪。

Waiting for extreme prices to buy is a form of greed.

7.不要幻想抓住顶部和底部，那是自大狂的游戏。

Don& #39;t fantasize about catching tops and bottoms—that& #39;s the game of the arrogant.

8.在股票市场中、唯一能让您被三振出局的——不断的抢高杀低、耗损资金。

In the stock market, the only way to get struck out is by constantly chasing highs and selling lows, eroding your capital.

9.我关注的是公司的未来自由现金流，并将其折现到今天来评估价值。

I focus on a company& #39;s future free cash flow and discount it to the present to assess its value.

10.承认“我不明白”比假装明白要明智得多。

Admitting “I don& #39;t understand” is far wiser than pretending to know.

以上内容为巴菲特精彩语录整理

由数字人巴菲特播报 

本视频由七华软件用人工智能技术生成