(1) "Over the long run, be correct and making money is good. Be wrong and losing money is ok. Be correct and losing money is worse. Be wrong and making money is worst."
Comment: To be frank, I love the last one. It's called RP.
(2) "There is one thing powerful than bubble, i.e., negative bubble."
Comment: Jim Rogers said buy panic and sell hysteria. Useful crap. More details refer to Robert Shiller's "Irrational Exuberance".
(3) "If you feel miserable about your investment, think about the real life experience. you're born with parents as random picks, married with wife as a depreciating asset and raising kids as long-term debt hopeless to get yield."
(4) "Many guys want to become billionaires by mimicking shit billionaires, but they only become shits."
Comment: Be yourself. Avoid ridiculous reverse reasoning.
(5) "A shopping mania will not make a good trader."
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