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Mutual fund managers are trapped in this rather deadly vicious circle: the more successful they are, the more money flows into their mutual fund. Then, it is more difficult for them to beat the market averages or even to match their own past performance.

  • -- Ron Chernow 荣·切尔诺

共同基金经理陷入了一个相当致命的恶性循环:他们越成功，流入共同基金的资金就越多。然后，对他们来说，要想超过市场平均水平，甚至赶上自己过去的表现，都变得更加困难。

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Successful Success

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Very often we see coaches who have not been successful being recycled, instead of looking to a new face or a new name who has demonstrated the ability to handle the job.

很多时候，我们看到的教练都没有成功地被回收利用，而不是寻找一个新的面孔或一个新的名字，来证明自己有能力胜任这项工作。

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Stop just cheering for others who are living their visions. Commit yourself to your own success and follow the steps required to achieve it.

不要只是为那些实现自己梦想的人欢呼。全身心投入到自己的成功中去，并遵循实现成功所需的步骤。

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Failure is good, failure is necessary, failure stimulates a desire for success.

失败是好的，失败是必要的，失败激发了成功的欲望。

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But once you become successful, everyone has an idea of what you should do.

但是一旦你成功了，每个人都知道你应该做什么。

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