《股票作手回忆录·第五章·赚大钱靠坐得住·老火鸡》第15节
And right here let me say one thing: After spending many years in Wall Street and after making and losing millions of dollars I want to tell you this: It never was my thinking that made the big money for me. It was always my sitting. Got that? My sitting tight! It is no trick at all to be right on the market. You always find lots of early bulls in bull markets and early bears in bear markets. I’ve known many men who were right at exactly the right time, and began buying or selling stocks when prices were at the very level which should show the greatest profit. And their experience invariably matched mine--that is, they made no real money out of it. Men who can both be right and sit tight are uncommon. I found it one of the hardest things to learn. But it is only after a stock operator has firmly grasped this that he can make big money. It is literally true that millions come easier to a trader after he knows how to trade than hundreds did in the days of his ignorance. The reason is that a man may see straight and clearly and yet become impatient or doubtful when the market takes its time about doing as he figured it must do. That is why so many men in Wall Street, who are not at all in the sucker class, not even in the third grade, nevertheless lose money. The market does not beat them. They beat themselves, because though they have brains they cannot sit tight. Old Turkey was dead right in doing and saving what he did. He had not only the courage of his convictions but the intelligent patience to sit tight.
注释摘要
这段掷地有声的自白，是整部回忆录里最能体现利弗莫尔思想分水岭的段落之一。你先想象一下那个场景：1900年代的纽约，在一个股票经纪行的营业厅里，闷热的空气混杂着雪茄味，所有人挤在行情纸带机前，听着滴答声看数字跳动。那时候的投机者大多沉迷于抢进抢出，把股票交易当成一种极其费神的短线游戏。而此刻，经历过几轮倾家荡产的利弗莫尔，却用一种近乎悔悟的口吻告诉读者，真正…