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Many things are not divided by knowledge and IQ, but by who wrote them at the beginning of the pattern.
"People who look at the benefits in days believe in miracles and luck;

People who aim at annual income believe in talent and ability;

People who plan their financial affairs in a cycle of 3-5 years believe in courage and foresight;

/kloc-people who think about wealth for 0/0 years believe in common sense and compound interest;

People who look at wealth in a longer period believe in the times and destiny;

Many things, not from knowledge and IQ, but from the pattern. "

Warren Buffett: Warren Buffett

Warren Buffett, the stock god, is the most dazzling star in the investment field and is known as the "sage of Omaha". Under the management of Buffett and Munger: from 1965 to 20 13, the compound interest of Berkshire Hathaway reached 19.7%/ year, with an increase of more than 6,935 times, far exceeding the increase of 98 times of the Standard & Poor's 500 Index in the same period.