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The investor of today does not profit from yesterday's growth.

  • -- Warren Buffett 沃伦·巴菲特

今天的投资者不会从昨天的增长中获利。

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Investor Growth

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Industries with rapid change are the enemy of the investor. Tech businesses, particularly biotech, is a problem from that point of view. All industries work with change, but you should ideally be investing in businesses with a low rate of change, not a high rate of change.

快速变化的行业是投资者的敌人。从这个角度看，科技企业，尤其是生物技术企业是个问题。所有行业都与变化打交道，但理想情况下，你应该投资于变化率较低的企业，而不是变化率较高的企业。

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It's not unusual for a would-be entrepreneur to get turned down half a dozen times before finding a willing investor - yet in most companies, it takes only one 'nyet' to kill a project stone dead.

一个想成为企业家的人在找到一个愿意投资的人之前被拒绝五六次并不罕见——然而在大多数公司，只要一个“尚未”就能彻底扼杀一个项目。

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I think the most beautiful thing is that we're not parting because there were problems. We're parting because we're celebrating each others' growth.

我认为最美好的事情是我们没有因为有问题而分开。我们分手是因为我们在庆祝彼此的成长。

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We judge ourselves by what we feel capable of doing, while others judge us by what we have already done.

我们根据自己的能力来判断自己，而其他人则根据我们已经做过的事情来判断我们。

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