Stocks are simple. All you do is buy shares in a great business for less than the business is intrinsically worth, with management of the highest integrity and ability. Then you own those shares forever. I will tell you how to become rich. Close the doors. Be fearful when others are greedy. Be greedy when others are fearful.

October 24, 2008


恒生指数今天又跌1000点,9%, 达12500左右,天天喋喋不休,看好的人却没有钱,巴菲特却拥有巨资.看淡的人绝望中抛出,底在哪里?没有人知道,未来5,10年后能反弹到高位吗?似乎没有人知道,我已经做好坐5年的准备,我不会再投入,留点现价备生活用.941到58, 人寿到19,这个世界什么世界,是绝望还是希望?


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