On regular investing

In fact success is a new beginning.

If you start a business, this is beginning rather than an end. Each time your business raises money from venture capital, that is also a new beginning. Even if you go  public ,that is still a new beginning rather than an end point. Because you have to continue to help the company grow.

In fact, the most tragic failures in life always come from perceiving a new beginning as an end point.

事实上,成功只是一个新的起点。

你创业了,这只是个起点不是终点,你的企业融资了,A轮,B轮,C轮....都分别是新的起点不是终点,哪怕你的企业上市了,那还是一个新的起点不是终点。因为你要带着你的企业持续成长....人生最惨烈的失败,就是获得了新的起点却误以为是终点导致失败。

Investment is also one of these few essential decisions in life. But most people haven't seriously thought about it let alone made decision. 

投资,也许是人生中少有的几个重大选择中最重要的一个,重要到它是绝大多数人竟然从来没有认真想过,更别提做过的选择。

The investment arena is divided into two extremes, it's a binary world in which you're a 1 or a 0. Either you are extremely successful or you are not extremely successful and then you are mediocre like everyone else which is basically equal to 0.

投资领域是两极分化最为严重的领域,它就好像是个二进制世界,要么你是1,要么你是0.在这个领域里,要么你极端成功,要么你并非极端成功,即,和所有人一样平庸且失败。反正都约等于零。

In my view the existence phenomenon   is also related to the fact that most people fail to resolve the most important problem at beginning.

在我看来,这种现象的存在,同样与大多数人做不到从一开始就解决了最重要的问题有关。

So what's the most important concept in the area of investment ? Long - term.

在投资的领域里,最重要的概念是什么呢?只有一个:长期

There are more scams in the investment world then in any other area. Why?

Because people who have not deeply understood the important concept of long term are always  confronting their "problem tree"

投资领域比其他任何领域都有更多的邪门歪道,为什么?因为那些从未认真深入了解长期这个重要概念的人们同样面对着一颗问题之树。

Each leaf on the tree is perceived problem that they must solve, and each branch is something bigger that they need to think about.

这颗树上的每片树叶,都是他们要解决的问题,每个支节都是他们苦思冥想的对象,

They ignore the roots underground though because they are too mysterious to understand .

In fact, this tree should not even exist.

除了地上的参天大树还有地下的盘根错节,是他们永远无法理解的神秘现象的根源---可事实上,这颗树原本不应该存在的。

There is a huge gap between knowing and doing, and long term practice is the only way to cross this gap.

知道与做到之间好像有一道鸿沟,长期实践是跨越这道鸿沟的唯一方式。

A strategy of regular investing is the simplest way to practice investing,as all you have to do is regularly purchase a set investment over the long term.

However, simple itself doesn't necessarily means easy.

定投策略是实践起来最简单的,你只需要长期购买既定投资标的即可----然而,简单并不意味着容易。

In Greek mythology, there is an island inhabited by the beautiful Sirens. Their incomparable appearance and voice caused passing sailers to lost their minds and crash into the rocks.

希腊神话中有一个海岛上群居着美丽的海妖塞壬,她们那天籁般的歌喉和无以伦比美貌会使所有过往的水手失去魂魄,进而使航船就会触礁沉没。

Only two heroes were able to safely pass.The first was Orpheus who played lyre so beautifully that it drowned out the voice of the Sirens.

The second was Odysseus who used wax to plug his sailors's ears and ordered them to tie him to the ship's mast so that he could hear the Siren's song that he knew he would be unable to resist.

历史上只有两位英雄驾驶航船安全渡过。一位是俄而浦斯,因为他会弹琴,他弹奏竖琴优美到竟然使海妖们为之倾倒的地步。

另外一位是奥德修斯,他用白蜡封住了船员的耳朵,并命令船员把自己绑在了桅杆上,因为他也想听听传说中那海妖的迷人歌声,可他同时也知道自己无法抵御诱惑。

inhabited (居住)