It is not the strongest of the species that survives,nor the most intelligent that survives.It is the one that is the most adaptable to change.”
Charles Darwin
看胡适自传了解到他年轻时读到到达尔文著作,接受并很认同试着生存这个观点,把自己的名字也改为胡适,这里的适就是进化论里的适者生存中的那个适字
Buffett on Valuation
套利的四个评估标准
(1) How likely is it that the promised event will indeed occur?
(2) How long will your money be tied up?
(3) What chance is there that something still better will transpire -- a competing takeover bid, for example?
(4) What will happen if the event does not take place because of anti-trust action, financing glitches, etc?
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