Buffett answered a child's question at yesterday's shareholder meeting, and it left a deep impression on me.
A child asked, "Your life has been very smooth, how do you face setbacks?" Buffett likely replied, "You only need to become wealthy once in your life. If you don’t want to take risks that lead you back to poverty, then don’t do it." Buffett’s response is actually conveying a detail of financial freedom!
In fact, many people initially make money in trading, and some even make a lot. They begin to pursue numerical growth, distancing themselves from their actual needs. In reality, people do not need that much money in their daily lives, but these people artificially create demands for themselves, such as thinking they need a Lamborghini, a huge house, Michelin-starred meals every time, or dating high-scoring gold diggers, etc.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.