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That strategy of buy and hold, which is the sound and sensible one for the individual, can have very dangerous and perverse effects for the market as a whole.

  • -- Ron Chernow 荣·切尔诺

这种买入并持有的策略对个人来说是合理和明智的，但对整个市场可能产生非常危险和反常的影响。

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Dangerous Individual

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There is no man more dangerous, in a position of power, than he who refuses to accept as a working truth the idea that all a man does should make for rightness and soundness, that even the fixing of a tariff rate must be moral.

如果一个人认为一个人所做的一切都应该是正确和可靠的，即使是确定一个关税税率也必须是合乎道德的，那么他拒绝接受这一观点，认为这是一个处于权力地位的人所面临的最大危险。

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Instead of a national curriculum for education, what is really needed is an individual curriculum for every child.

真正需要的不是全国性的教育课程，而是针对每个孩子的个人课程。

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In his state of complete powerlessness the individual perceives the time he has left to live as a brief reprieve.

在他完全无能为力的状态下，个人把他剩下的时间看作是一个短暂的缓刑。

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Don't play for safety - it's the most dangerous thing in the world.

不要为了安全而玩——这是世界上最危险的事情。

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