“股神”巴菲特英文投资名言: Only when the tide goes out do you discover…

“Only when the tide goes out do you discover who’s been swimming naked.”

or

“You never know who’s swimming naked until the tide goes out.”

–Warren Buffett

“只有当退潮时,你才能发现谁在裸泳。”

–沃伦·巴菲特

注:

(1) 这句来自股神巴菲特的投资名言有两个流行的英文版本,本文全部列出。第一个版本来自Brainyquote,第二个选自Goodreads

(2) 巴菲特这句话的意思是说:当股市一篇欣欣向荣时,绝大部分股票都会随大盘上涨,大部分投资者都赚得盆满钵满,人人似乎都可以被称为“股神”。由于在牛市中赚钱效应明显,所以难以评估投资者的真实水平。只有当市场掉头向下时,通过比较账户的最终盈亏情况,才能真正看出投资者的能力水准。

(3) Tide goes out,这里的意思是:退潮。

彼得·林奇名言: When stocks are attractive, you buy them…

“When stocks are attractive, you buy them. Sure, they can go lower. I’ve bought stocks at $12 that went to $2, but then they later went to $30. You just don’t know when you can find the bottom.”

–Peter Lynch

当股价看起来具有吸引力,你买入股票。当然,他们有可能进一步下跌。我曾经在12美元左右吃进,之后该股下探至2美元,但是再后来他们飚升到30美元。你无法预知何时才是股价的底部。

–彼得·林奇

彼得·林奇名言: I think you have to learn that there’s a company behind every stock…

“I think you have to learn that there’s a company behind every stock, and that there’s only one real reason why stocks go up. Companies go from doing poorly to doing well or small companies grow to large companies.”

–Peter Lynch

我认为你应该了解到每只股票背后都是一家公司,而股价上涨的真正原因只有一个:公司的业绩从糟糕转为良好,或是从小型公司壮大为大型公司。

–彼得·林奇

彼得·林奇名言: If you’re prepared to invest in a company, then…

“If you’re prepared to invest in a company, then you ought to be able to explain why in simple language that a fifth grader could understand, and quickly enough so the fifth grader won’t get bored.”

–Peter Lynch

如果你已准备好投资一家公司的股票,那么你应该能做到用5年级小学生都能听懂的话来阐述投资理由。而且理由应该足够简短,这样那位五年级生才不会感到厌烦。

–彼得·林奇