Professor:I'm going to weigh myself on this weighing machine.

伯菲教授： 就在这个磅秤上称。

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On any given day, the stock market is a voting machine, "he said, and only" in the long run is it a weighing machine.

他认为在某些时候，股票市场仅仅是投票机，而要想使其发挥衡量的作用，则需要长期的时间。

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"In the short run, the market is a voting machine, but in the long run, it is a weighing machine." — Benjamin Graham, the Intelligent investor.

从短期来看，市场是一台投票机，但从长期来看，市场是一台称重机。

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Benjamin Graham said that in the short-term the stock market is a voting machine, while in the long-term it is a weighing machine.

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It is often said that the stock market in the short run is a voting machine and a weighing machine in the long run.

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In the long-term, the market is a weighing machine.

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