1·In no sense mercurial, these great fortunes survived the financial panics that destroyed lesser ones.
这些巨大的财富绝不是反复无常的，它们在金融恐慌中幸存了下来。
2·Long-term investors can still take advantage of temporary panics and mispricings to build positions at low costs.
长期投资者仍然能够利用暂时的恐慌和错误定价在低成本时期建仓的优势。
3·From 1841 to 1842, in the wake of a series of financial panics and recessions, eight states and Florida (then a territory) defaulted.
1841年至1842年间，在一连串的财政恐慌和危机之后，八个州和佛罗里达(之后的领土)相继出现违约。
4·But the original advantages of long-term investing aren't extinct. Long-term investors can still take advantage of temporary panics and build positions at low cost.
尽管如此，长期投资原有的优点并没有消失，长期投资者可以利用当前临时性的恐慌，寻找价值低点建仓。
5·Alleged sorcery by fox demons occasionally caused collective panics.
宣扬狐妖巫术偶尔会引发群体的恐慌。