It’s hard to say when is the right time to give up, but I think it’s usually when you yourself feel you have run out of ideas, and you don’t see any pathways to keep experimenting further.

　　很难说什么时候是放弃的正确时间，但我认为通常是当你自己觉得你的想法已经用完，你没有看到任何途径可以继续进行尝试。

　　If you think you’ve reached that point, by all means walk away. There’s no glory in dragging things out if you’re truly out of ideas. Shut down what you’re working on, decompress, and try something new a few months later.

　　如果你认为你已经达到这一步，那就应该走开了。如果你真的用尽了想法，继续拖延不会给你带来荣耀。结束你正在做的工作，放松一下，并在几个月后尝试新的东西。

　　If you’re working on the right thing it will probably be really hard. It will likely take a long time and you’ll face a lot of criticism. The super successful people I know spent a very long time pursuing their ideas, way past when most people would have given up. Keep pushing forward.

　　如果你正在做正确的事情，它也可能会真的很难。这可能需要很长时间，并且你会面临很多质疑。我知道的那些超级成功的人花了很长的时间去追求他们的想法，换了大多数人早就放弃了。所以，坚持向前。

　　5. On Taking Risk （关于冒险）

　　Most people are wrong about what is risky and what is not, and so they don’t take nearly enough risk. Take more risks, especially when you’re early on in your career; being young and unknown is actually a major advantage because you have very little to lose.

　　对于什么是有风险的而什么不是，大多数人的认知都是错误的， 所以他们几乎不承担足够的风险。一定要承担更多的风险，特别是当你还在职业生涯早期的时候; 年轻和未知实际上是一个重要的竞争优势，因为你不会失去什么东西。

　　Don’t let fear of failing stop you from taking risks. That is a risk itself, because you will miss out by not acting.

　　不要让失败的恐惧阻止你冒险。这本身就是一个风险，因为你会由于不行动而错过机会。

　　If you do fail or end up in a crisis, you’ll probably be OK. The more crises I’ve faced in my life, the less scary each subsequent one has become. I’m secure in the knowledge I’ve made it through disaster before and I believe I will again.

　　如果你确实失败了或最终陷入危机，不要担心有太大问题。我在生活中遇到的危机越多，下一次遇到危机的时候就越没那么害怕。我现在安全，是因为以前从危难中学到的知识，我相信以后也会是这样。

　　If you do something new and ambitious, be ready for doomsayers. Doing new things is hard both because you have to figure out how to do it and you have to deal with a constant barrage of negativity.

　　如果你做的是新的雄心勃勃的事情，准备应对那些末日预言家。做新事是很困难的，因为你既要弄清楚如何做到，同时还必须面对持续的负面嘲讽。

　　Simple tip – don’t be afraid to ask for what you want. If you’re doing something ambitious, you’ll be told “no”, a lot. Sometimes though, people will give you what you want. Those times will outweigh the pains of being rejected, so be aggressive.

　　一个简单的提示 — 不要害怕索取你想要的东西。如果你做的是有抱负的事情，大部分的时候，你会被拒绝。但有的时候，人们会给你你想要的。那个时候，所有被拒绝的痛苦都是值得的，所以要保持进取姿态。

　　5. On Money （关于金钱）

　　When I was young, I had a misconception that you get rich from making a nice salary. As I got older, I realized the way to get rich was by owning things that go up in value—i.e., equity.

　　当我年轻时，我有一个误解，我以为挣个不错的薪水会让我变得富有。随着我变老，我意识到致富的方式是拥有价值上涨的东西—比如，股份。

　　I think that time is the major arbitrage opportunity still left in the market. People are increasingly focused on the short-term, so there are lots of untouched opportunities that just take a long time to mature. I’ve found that these types of bets have helped me generate the most value and wealth.

　　我认为，时间是市场上仍然存在的主要的套利机会。人们越来越专注于短期，所以有很多没人碰的机会，只是需要很长时间才能成熟。我发现这些类型的赌注帮助我产生了最大的价值和财富。