How can we become a successful value investor?

Source: Internet
Author: User
Whenever you see a singer singing on the stage, it will impress fans. I often think about what if they choose to be an accountant or engineer. Probably a common engineer. There is no way to engage in mathematics when thinking about art. It is said that writers such as sanmao, qiongyao, and Han often have zero points in mathematics. I really don't understand how a student with no score in mathematics thinks. However, this does not prevent them from achieving great artistic achievements. It is impossible to imagine how much he can achieve as a singer. It is probably a common singer. How important it is to find the right thing to do! In another field, a genius will become a mediocre talent.
Munger said: becoming a successful value investor is no easier than becoming a bird expert. It is doomed that only a few people can become excellent investors.
When we set out, it was really necessary to ask ourselves, do I have the talent in this field, do I have a strong interest, and are I willing to make long-term efforts.
For a long time, we have become accustomed to thinking that is the power of knowledge. Absorbing as much knowledge as possible has become a top priority. In fact, the right knowledge is the power. Han will never be a mathematician, and Buffett will never be a sports star. Before madly absorbing investment knowledge, it is more important to ask yourself if it is appropriate.
Learn more about your important and absorbing knowledge.
My own idea is, in terms of personality. Non-idealists are very difficult, value investors need to be Maverick, and realistic people are destined to succumb to the pressure of the environment and dance with the market. Impatient people are also very difficult, value investment requires patience, making money in the stock market, half rely on patience.
From the perspective of thinking, the artist-style thinking is definitely not good, and the accountant's thinking is also not good. Ideally, the two are in the middle. Half is a number and half is art.
It is inappropriate for people who do not like business. Many people have no experience in economic activities and cannot succeed. It is difficult for many office workers to try to buy stocks because they do not have business conditions. The lack of basic experience makes it difficult to obtain commercial judgment. It is also difficult for people without curiosity, because there is no motivation to search.
It is also difficult for young people. On the one hand, there is a lack of social experience, on the other hand, there is not much savings, and they want to make money, it is inevitable that they will set a high goal, and they will want to double if they do not move, the mentality is also impetuous, And you will want to invest + speculative methods. Haha. But it is good to get in touch with stocks early, because there is no money, so there is no serious problem with the loss, and more importantly, there is a time to make mistakes, and it is almost time to be beaten by the market, there is a long time to pull the book.
You can also write a lot. It's still an old saying, depending on your personal situation.
What we really want to say is that learning more about yourself is not more important than working hard. Learn more about yourself!
Most of us do not expect ourselves to become a singer or sports star. Because the gap is very intuitive, the slightest thought is killed. However, the distance from excellent value investors is not intuitive, so many people try to become.
The fact is that there are no more outstanding value investors than singers. Among the 400 richest people, Buffett is the only one who gets rich by stocks. Speaking of this, whether or not to buy stocks has become a problem.
This is indeed a big problem-for the vast majority of people.
"Buy an index fund and work hard. "This is Buffett's advice to ordinary people.
I also need to think about this sentence frequently.

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