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2012年11月16日

个人理解:看不懂的投资别碰,哪怕别人能讲很好的故事。实际上还是呆在能力圈内的意思。

Source: http://nteswjq.blog.163.com/blog/static/12699812012101781342207/

2012-11-16

> By Duan Yongping · his NetEase blog (nteswjq.blog.163.com, now closed; read from web archives) · 2012-11-17 · [Original link](http://nteswjq.blog.163.com/blog/static/12699812012101781342207/) ([archived](https://web.archive.org/web/20191022085029/http://nteswjq.blog.163.com/blog/static/12699812012101781342207/))

> This post includes letters from others or quoted material; Duan Yongping's own words are marked separately.

[Translator's note: a quoted saying of Buffett stands here (via the iPhone app Attogear QuickQuotes); it is not Duan Yongping's words and is not translated.]

My personal understanding: don't touch investments you don't understand, even if others can tell a great story. Really it means staying within your circle of competence.

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