金钱的不变法则

金钱的不变法则

原文来自Morgan Housel的blog， Morgan是Collaborative Fund的合伙人。以下是他总结的一些关于金钱的法则，相信不管对于投资还是理财都大有裨益。巴菲特说过，投资一定程度上不是智力问题，而是性格问题。 Enjoy！

Emotions can override any level of intelligence.

任何智力水平也难敌情绪波动。

Confidence rises faster than ability, especially among young men.

信心的上升速度总是比能力上升快，特别是对于年轻人。

An asset’s ability to let you do what you want, when you want, with who you want, is ROI that can’t be found on a spreadsheet.

如果一种资产，能够让你随时随地做自己想做的事情，它的投资回报率不会体现在电子表格中。

About once a decade people forget that bubbles form and burst about once a decade.

大约每十年，人们就会忘记：泡沫的形成和的破碎也大约是十年一次。

Your investing ability is unproven until it’s survived a calamity.

你的投资能力只有经历过灾难并幸存下来才能被证实。

Spending money to show people how much money you have is the surest way to have less money.

花钱向人们展示你多么有钱，是获得更少金钱的最可靠方法。

Avoid disaster, be patient, and you don’t need many smart decisions to do well over time.

避免灾难，保持耐心，获得长期成功并不需要做太多聪明的决定。

Big words mask little thoughts.

大话的背后通常是小想法。

You will adjust to most positive financial circumstances, except when it causes you to lose control over your time, which will always hurt.

陶醉于乐观的财务状况会让你失去对时间的控制，最终造成伤害。

The only way to build wealth is to have a gap between your ego and your income.

建立财富的唯一方法是让你的自信低于你的收入水平。

The goal of investing isn’t to minimize boredom, it’s to maximize returns.

投资的目的不是为了减少无聊，而是为了最大化回报。

It’s easier to lie with numbers than words. As the saying goes, more fiction has been written in Excel than Word.

用数字撒谎比用文字说谎更容易。俗话说，用Excel编写的小说比Word更多。

Your circle of competence is smaller than you think. Your susceptibility to bias is larger than you think.

你的能力范围比你想象的要小。你受偏见的影响程度比你想象的要大。

Reducing your desires has the same effect as leveraging your assets, but with no downside risk.

降低你的需求欲望与资产加杠杆具有相同的效果，但没有下行风险。

Solutions to problems can be shockingly simple; Getting people to adhere to simple solutions can be shockingly difficult.

解决问题的方法可以非常简单；让人们坚持简单的方法可能会非常困难。

Debt removes options, savings adds them.

债务减少你的选择，储蓄增加你选择。

Compounding requires absorbing damage so you’re never forced to quit.

复利增长会消化掉你的损失，所以你永远不会被迫退出。

No one’s impressed with what you have.

别人不会在意你拥有什么。

最后我来补充一条：金钱不等于快乐。