1. If you want to get what you want, you have to make yourself worthy of it. Trust, success and admiration are all earned through hard work.
2. Holding a lot of cash in your hands and staying on the sidelines requires character. The reason why I am where I am today is by not chasing mediocre opportunities.
3. You should have an inner compass. Not everything that is not illegal must be done by you. This is how we operate.
4. Wise regulation and wise investment are two sides of the same coin. In order to fulfill our corporate responsibilities, we must not only react passively, but also anticipate the needs of society.
5. If you want to persuade others, appeal to interests rather than reason.
6. Face your big problems head on, don’t hide them away.
7. For complex adaptive systems and the human brain, problems often become easier to solve if reverse thinking is used.
8. I have never seen a wise person in my life who doesn’t read every day, not one of them. You might be surprised how much Buffett and I read.
9. If you are a duck in the pond, the water rises due to heavy rain, and you start to float in the water world. But at this time, you think that it is you who floats, not the pond.
10. What you need is not a lot of action, but a lot of patience. You must stick to your principles and when opportunities come, you must seize them with all your strength.
11. Maximizing inequality can often achieve miraculous results. Life is like a game, full of competition. Those who are most capable and willing to become learning machines will play the greatest role.
12. I think a better strategy is to use high IQ to solve simple but rewarding problems.
13. If you see the world clearly, it will become humorous because of its absurdity.
14. If you never work hard, how can you succeed. Charlie Munger's universal wisdom in life is that if you want to get something, the most reliable way is to make yourself worthy of it.
15. Most people are too impetuous and worry too much. Success requires being very calm and patient, but also being aggressive enough when the opportunity comes.