熊市不滿倉，牛市漲再多都與你無關

悲觀者正確，樂觀者獲利

~主動擇時，被動選股，週期投資~

Investment success doesn't come from "buying good things",

but rather from "buying things well" 

(投資成功不是因為買到好東西，而是因為「買得好」。) 

～by Howard Marks, The Most Important Thing: Uncommon Sense for the Thoughtful Investor