"So I think that it is the leeks who discuss hot topics and always chase the rise and fall, and the mature rich people who discuss great enterprises and grow. ”

After speaking, Shen Feng straightened his waist, faced the screen with burning eyes, and said seriously: "For young people or the vast majority of people, the core is not financial management, but how to generate income!"

"What's the reason for not having money?"

"So the more important thing is not to invest, but to make an annual salary of one million as soon as possible!"

Lei Li and Li Nanjun glanced at each other, looking at the overwhelming comments, this sentence is too true, right?

Shen Feng paused for more than ten seconds and continued: "How rich people are rich is the core, this is my thinking, Buffett's continuous attack through the class is a rub and self-cultivation." ”

"And if you have money, your income is high, and your realm is also high, so you don't have time to care about this kind of stock market chat. What bank stocks are up today...... Will it continue tomorrow...... Is there any news about a certain stock......"

"These are not the points they care about at all. ”

"Only self-attack and work hard to make money so that you can manage your finances, one is to understand that the money you earn is to invest in great companies rather than to speculate in stocks. ”

"The second is a positive cycle of cognition, although 10,000 can also open an account to play, but to know what the core point is. No matter how much money it is, it won't last long, and no matter how much money it is, embracing greatness will produce alpha compounding. ”

"So I think for the public, the core need is not how to improve gambling skills, but to recognize themselves. When you earn millions, your investment and perception of the company will grow. ”

"Don't follow the great stock gods to buy and sell every day, you will definitely not make money. It's a pity that the cost of time is wasted, and it's not the money that costs the detour, it's the energy. ”

Speaking of this, he said with a smile: "If you really want me to give investment advice, there is only one ......"

"Buy the right company!"

"Whether it's Microsoft, Apple, Tesla, or Moutai. They were great companies 10 years ago, they had a very high market capitalization 10 years ago, and they had a very high valuation 10 years ago. ”

Because every era has its own kings, and the greatness between them is different, such as Graham's early cigarette butt philosophy and investment value school. ”

"The era when he was born and grew up was the period after the drunken gold fans in the United States, and he also went to the bottom at half price in 31 years, and then went bankrupt just one year later. ”

"After that, until World War II, before the United States became the world's arsenal, the unemployment rate was about 20%, and it was also at that time that value investment became the consensus of the whole society. ”

"You're asking me how to find a good company today?"

"First of all, we must be full of expectations for the world, so that we can match the expectations for the future, analyze the real demand and market, and resist the disturbances of the world. ”

"In my opinion, there is only one core factor: faucet!"

Definitely not the pandemic, definitely not the economy.

"Choose from the country first, bet on foreign or domestic?"

"And then continue to pay attention to the industry, and think about whether these companies in the industry will be there in ten years?" 918

"Even if there are new replacements, will the industry continue to grow?"

"As a value investor, you must learn to embrace greatness, embrace social progress, and spend your speculative time researching and finding great companies. ”

"Growing up with the good of the world is what I've been doing, eating soundly, sleeping soundly, not bothering to open trading software, and not caring about the price at all. ”

"You only need to do one thing: do your best to find a great company, buy it at a reasonable price, and then live with your heart and constantly improve your self-worth......"

"Wait time to give you a final answer!"

Shen Feng smiled like a sunny smile and said, "Always remember the old saying......"

"Cheap is not good, good is not cheap!"

Buffett, as a decent student of Graham, was tempted to buy a not-so-good company because of the cheap price when he was young, and later realized that it is much better to buy a good company at a reasonable price than to buy an ordinary company at a cheap price.

After that, they don't buy bargains, especially the ones that they buy, and they continue to eat up cash, so they can't sell, and eventually depreciation will destroy the company.

After getting to know Munger, I am more committed to looking for great companies, which are looking for mature and sustainable people, human living habits, good industries, and excellent and honest management in the future, and then buy them at the right price.

Assuming that Warren Buffett had only relied on a few hundred dollars that year, did not learn Carnegie communication techniques by himself, participated in the rich club, and reorganized and merged with the shareholders' meeting, even if he made 100,000 times more now, he would have a net worth of hundreds of millions of dollars.

But he continues to improve his income, but also on behalf of customers to manage their finances, looking for greatness, embracing growth, knowing his own strengths and weaknesses, only swinging a stick in the sweet spot, and constantly understanding new things and changes in human consumption behavior......

This has made the world's top five richest people for 30 consecutive years since 92, and has continued to rank first in the world in terms of stable cash flow and liquidity, and Berkshire Hathaway has also been the second most profitable company in the world's top 500 companies for many years.

The old man didn't mix the forum every day to find news, he was restless when he bought the bottom and fled to the top, and he only had the calmness and tenacity and determination to travel through time.

Take the time to look at companies like McDonald's and Coca-Cola that are keeping a good grasp of food and beverage consumption habits, and study more controllable things like human habits......

Don't spend your time studying the heavens and the earth, the Xuanhuang universe, the desolation, the sunspots, there is no point.

Just like the people who calculate the rules of the next round of the Mark Six lottery in the lottery center, they are too anxious to live, waste time to achieve themselves, and miss countless good things.

Someone once said:

This year is the worst year of the previous decade,

But it's also the best year of the next decade!

Is Moutai expensive now?

Wait five years and you'll see it again?

It's only going to be more expensive!