In heady times, few are sufficiently disciplined to maintain strict standards of valuation and risk aversion, especially when most of those abandoning such standards are quickly getting rich.

• 在这段兴奋的时期，尤其当大多数放弃了严格的价值评估标准而快速投机暴富时，几乎没人能继续保持严格的评估标准和对风险的警觉。