Buffett said: “Because Munger… made me go from an orangutan to a human being, if I didn’t know him, I would be much poorer than I am now!” Buffett said in a statement on Charlie Munger’s death: “Without Charlie’s inspiration, wisdom and Without participation, Berkshire would not be where it is today.”
Category: Successful Investor Traits
Investing is a game of chance
There is a 60% chance of stock investing success in the long run
People who are good at deferred gratification is more likely to succeed
More freedom is worth for who are deferred gratification, self-control cannot be achieved simply by persisting or saying “no”, but by changing our way of thinking, and this thinking mode is “deferred gratification”
Why is stock investment a better way to manage money?
This article will tell you from the most vernacular and ordinary people’s point of view, using the most concise reasons: why stock investment is the better way of financial management for modern people?
How big a factor does luck play in investment success?
Luck does play an important role in success, but it is definitely not the most critical or important “determining” factor – this is the reason for whether a person can be successful in life.
Duan Yongping’s investment empire and his BBK Group(Oppo, Vivo, One Plus, J&T Express, Realme)
Almost no Taiwanese have heard of Duan Yongping, but it is not an exaggeration to say that he is a household name in Chinese circles outside Taiwan, especially in the business and investment circles.
No-brainer investment’s requirements and mentality
As I said in “Not allow or do not want to spend time on stocks?” As mentioned in the article, any no-brainer investment method must meet the following two simple requirements
The Compound Effect
Success is not based on luck, but a science.
Any success is the consequence of the compound effect
The power of compound interest
In the 2019 shareholder letter, Buffett spent a considerable amount of time talking about the most important element of investment success “the power of compound interest”
Excuses to comfort yourself? Or masters’ method is not suitable for you?
Most people make excuses for failure