月度归档： 2021 年 9 月

The point is not so much to buy as cheap as possible or go short at top price, but to buy or sell at the right time.

There are only two emotions in the market, hope and fear – the only problem is you hope when you should fear and fear when you should hope.

He must fear that his loss may develop into a much bigger loss, and hope that his profit may become a big profit.

Always sell what shows you a loss and keep what shows you a profit.

Never try to sell at the top. It isn’t wise. Sell after a reaction if there is no rally.

The real reason for a protracted decline is never bear raiding.

In a bull market, and particularly in booms, the public at first makes money which it later loses simply by overstaying the bull market.

无以人之所不欲而强之于人，无以人之所不知而教之于人。

养志法灵龟。养志者，心气之思不达也。有所欲，志存而思之。志者，欲之使也。欲多则心散，心散则志衰，志衰则思达也。故心气一，则欲不徨；欲不徨，则志意不衰；志意不衰，则思理达矣。

养志法灵龟：灵龟不食不动，木然无欲。养志务在节欲，故曰养志法灵龟。

用分威散势之权，以见其兑威、其机危，乃为之决。故善损兑者，譬若决水于千仞之堤，转圆石于万仞之谷。

故善战人之势，如转圆石于千仞之山，势也。

古时七尺或八尺叫一仞。千仞，多用来形容山很高。

古之所谓善战者，胜于易胜者也。故善战者之胜也, 无奇胜，无智名，无勇功。故其战胜不忒，不忒者，其所措必胜，胜已败者也。故善战者，立于不败之地，而不失敌之败也。

曹操批注：善战者无赫赫之功！