Munger: "Back in the 1960s, Buffett and I, referring to the compounding table, had already calculated that we would be very, very wealthy in the future. As long as we take it step by step, stay steady, avoid major mistakes, don't do foolish things, and take our time, we will become very wealthy in the future, and we never doubted that. We never rush. Because we know that some things just take time. No matter how smart you are, it takes time, and we conduct various analyses on the performance of common stocks, ultimately concluding that as long as you can withstand price fluctuations, having three stocks for a lifetime is enough."