如果一直一帆风顺, 最后资本很大, 胆子很大自信超强, 那时再发生 a bad trade, a bad decision, 恐怕就无法挽回了.
I definitely lost more than 20% during '01-'02. Fortunately I didn't have much capital that time. Ever since then I became very cautious. I'd rather make less than losing money, because making less or and losing capital are fundamentally different.