Everyone hopes to become wealthy, but not everyone can turn themselves into a wealthy person.
So, how can we make ourselves into wealthy individuals? How do we know if we will be poor or rich in the future? Perhaps stock god Buffett can tell you the answer.
Buffett is someone that many people have heard of to varying degrees. As a world-class billionaire and globally renowned investor, his life is filled with legendary colors.
In the book (Buffett's Lifelong Advice to His Children), it summarizes a sentence: whether you are poor or wealthy largely depends on whether you understand these three principles.
The first principle: Assume you can only have one opportunity.
What does it mean? It means that when you encounter anything, you must be fully prepared and treat every opportunity as if it were the last.
In this situation, you can seize opportunities well and make yourself wealthy.
After all, each of us will always have some oversights in our actions. But if we treat every opportunity as if it were the last, we will take it more seriously. In this state of thorough preparation, we can achieve success more quickly.
Buffett believes that choosing the right stock investment is like hunting. If the elephant in your heart has not appeared yet, you should try to save your bullets and not waste them on useless things.
In reality, many people make this mistake: they easily lose sight of the big picture in pursuit of small gains.
We always think that in the days ahead, we will encounter opportunities to make money. So we often make some wrong investments, such as in fields we have never known or understood. Spending money on these things can easily lead us to lose all our capital.
If you want to succeed in a business, you need to carefully observe and discern whether this business is suitable for investment in the early stages. First, see if others are making profits, and if they are, then quickly enter the market. Make a small profit, and after earning money, observe other more outstanding investors. If they show signs of withdrawal, we should also withdraw. This way, we can avoid losses.
So at any time, we need to grasp opportunities well, timely press the launch button in our hands, and ensure it hits the target.
This is one of the most important principles for whether a person can make money.
The second principle: Opportunities are earned.
Many poor people do not dare to fight for their own interests or actively pursue success. In the end, they can only remain poor. Buffett believes that opportunities often need to be fought for by oneself.
Because even with the best ideas and the most complete opportunities, many times success cannot be achieved. At the last moment before success, we need to actively add weights to increase the chances of success.
Just like the protagonist in (The Pursuit of Happyness), when he went for an interview for a stockbroker position, he made thorough preparations. Yet he still could not get the interview opportunity, but he never gave up. By relying on his wisdom and hard work while working as a taxi driver, he finally impressed the manager of the securities company and successfully entered the company, gaining stable income.
So often, if we do not take action when doing things, we will face the risk of failure in whatever we want to do.
Unfortunately, many poor people do not have the willingness to fight for themselves. Long-term poverty makes them afraid to compete, afraid to change their situation, and even when doing things, they often find many excuses for themselves, thus delaying their learning and work, ultimately turning themselves into good-for-nothings.
And those who can change their own fate are often those who take the initiative and actively seek opportunities. They may start off earning very little, but through long-term self-challenge and continuous learning, they can eventually earn more money than before.
The third principle: Learn to hide your cleverness.
As the saying goes, 'Great wisdom appears foolish.' Many times, if we want to become wealthy, we must hide our cleverness. Because the world is not short of smart people, many believe that showcasing their intelligence in front of others will surely earn them admiration. But in reality, many people are inherently prone to jealousy.
So when your abilities are not enough and your wealth has not accumulated much, you need to learn to hide yourself. Do not reveal all your assets for others to see.
Because aside from those who love you, no one wishes for others to live better than themselves.
In addition, many people enjoy helping those who are weaker than themselves. When you hide your own intelligence, others are more willing to help you.
Especially when doing business, we should appropriately express our ignorance so that we can learn more.
If you always appear to be in control, it is easy for others to see you as a thorn in their side.
After all, 'In the forest, the tree that stands out will be blown down by the wind.' This principle has been very true since ancient times.
So, if you want to become wealthy, you must seize every opportunity to turn things around and actively pursue what you want, while not overly showcasing your intelligence. Only then can you truly change yourself, turn the tide, and become a wealthy person.
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