"موضوعات چرخه‌ها تنها چیزهایی هستند که شما باید درک کنید تا همه چیزهایی را که من از ۵۰ سال در بازارها آموخته‌ام، درک کنید."

Simplified Meaning:

Understanding how things repeat in cycles can give you a lot of insight into many situations. Think about how seasons change: winter, spring, summer, and fall. This happens every year, predictably. In the same way, the stock market and economies also go through good times and bad times in a regular pattern. For instance, prices might rise for a while (like summer), then fall (like winter), and then rise again. Imagine a farmer who understands the seasonal cycle. If he knows winter is coming, he prepares by storing food and resources. Similarly, if you know that economic downturns are a natural part of the economic cycle, you can plan and prepare for them. By saving money or diversifying investments, you can protect yourself during tough times. In personal life, recognizing cycles means expecting ups and downs. If you know a bad day or period will eventually get better, you can stay calmer and more hopeful. This approach can help you make better decisions and remain resilient when faced with challenges.