Buffett has a famous saying:
1. How much wealth you can accumulate in your life does not depend on how much money you can earn, but on how you invest and manage your finances. It's better to change money than to change it. You should know that money works for you, not for you. -Buffett
2, those most cost-effective transactions, at the beginning, from the numerical point of view, almost all tell you not to buy. -Buffett
We have achieved our present achievements because we are concerned with finding the obstacles that we can cross one foot, not the ability to fly over seven feet. -Buffett
I am greedy when others are afraid, and I am afraid when others are greedy. -Buffett
If you don't want to own a stock for ten years, don't consider owning it for ten minutes. -Buffett
6. Never ask the barber if you need a haircut. -Buffett
7. Anything that will never develop will eventually die. -Buffett
8. Investing in a game that is not a person with an IQ of 160 will definitely beat a person with an IQ of 130. -Buffett
9. The market is like God, helping those who help themselves, but unlike God, he won't forgive those who don't know what they are doing. -Buffett
10, even if Federal Reserve Chairman Alan Greenspan secretly tells me his monetary policy for the next two years, I won't change any of my actions. -Buffett
1 1, I only do things that I fully understand. -Buffett
12, different people understand different industries. The most important thing is to know which industries you know and when your investment decision is just within your ability. -Buffett
13, many things will be profitable to do, but you must insist on doing only those things within your ability. We have no way to defeat Tai Sen. -Buffett
14. For your competence circle, the most important thing is not the scope of the competence circle, but how you determine the boundary of the competence circle. If you know the boundary of the competence circle, although the competence circle is five times larger than you, you will be much richer than those who don't know the boundary. -Buffett
15, I am a very realistic person, I know what I can do, and I like my job. It may be great to be a star in Major League Baseball, but it's not realistic. -Buffett