Investing for sixty years, a 55,000-fold return, this achievement is truly remarkable.
The old man has invested his entire life without ever pausing. From small investments in his youth to managing vast capital later, he has always adhered to the philosophy of value investing, writing a legendary tale in the investment community with astonishing wisdom and sound strategies.
His core philosophy is simple yet profound: buying stocks means buying a part of a company, and one should think as if they are buying the entire company, focusing on long-term holdings and patiently waiting for value to be released. This sixty years of persistence has resulted in an astonishing 55,000-fold return, enough to earn the admiration of investors worldwide.
Value investing never goes out of style. The old man's philosophy applies not only to the stock market but also shines brightly in today’s tumultuous cryptocurrency world. The cryptocurrency market is known for its extreme volatility, with prices fluctuating like a roller coaster, causing countless people to hesitate. But upon deeper reflection, those projects that are genuinely valuable, with solid technology and application prospects, such as the blockchain revolution behind Bitcoin or Ethereum's smart contract ecosystem, are not they akin to 'companies'? If we use Buffett's vision to filter out speculative bubbles, seize core value, and hold long-term, we might also replicate his legend in the cryptocurrency world.
Imagine this: if Buffett were to dive into the cryptocurrency world, how would he play?
He might coldly observe those 'air coins' and 'pump-and-dump' projects, instead focusing deeply on technical white papers, researching team backgrounds, and even personally testing DApps, all to find that 'undervalued good company.'
He may not chase after overnight riches, but patiently wait for market sentiment to cool, buying up quality assets that have been panic-sold. A 55,000-fold return sounds unattainable, but under the exponential growth potential of the cryptocurrency world, who dares to say it's impossible? The old man's conservatism and new opportunities in the cryptocurrency world. Of course, Buffett's attitude towards cryptocurrencies has always been famously conservative. He has publicly criticized Bitcoin multiple times, calling it 'lacking intrinsic value' and even likening it to 'rat poison squared.' However, with blockchain technology advancing rapidly and the digital economy sweeping the globe, even traditional financial giants are beginning to embrace crypto assets. Will the old man's retirement usher in a new windfall for the cryptocurrency world? The younger generation of investors is actively challenging his views: Bitcoin has risen from a few cents to several tens of thousands of dollars, with a market cap once exceeding a trillion. Isn't that a reflection of value?
Will value investing rebound after Buffett's retirement?
Will the old man’s retirement from the stage prompt more people to reassess the potential of value investing in the cryptocurrency world? Those blockchain projects that focus on research and development, avoid speculation, and do not seek to raise funds may very well be the future 'Berkshire Hathaway.'
If cryptocurrency players could learn a bit of risk control and a great deal of patience from Buffett, perhaps they too could cultivate their own 55,000-fold myth in this 'wild growth' land.
The curtain falls on an era; the cryptocurrency world’s new celebration as the old man Buffett is finally set to retire at the end of the year. This marks the end of one era and the beginning of another. His investment wisdom—sharp insight, unwavering belief, strict risk control—will forever be a beacon for investors. Whether you are a seasoned stock market player or a newcomer to cryptocurrency, this sixty years of experience is worth remembering.
The old man left behind not just a 55,000-fold legend, but a way of thinking that transcends cycles. In the next decade, perhaps it will be your turn to write your own myth in the cryptocurrency world—provided you don't forget to bring Buffett's 'value investing' sharp tool!