When investing, you must be very patient and wait for good opportunities to arise.

Munger's 9 Questions:

1. Only by deeply understanding the business can we more accurately predict the company's prospects.
2. Learn to see through the essence; we can live more comfortably.
3. Set minimum standards.
4. Make only 20 investments in a lifetime, and you will achieve better returns in the end.
5. Some truths are only understood after we have suffered losses.
6. Look for companies where the year-end profit is substantial cash.
7. Seek foolish competitors and pick the low-hanging fruit.
8. When investing, it is essential to be very patient and wait for good opportunities to arise.
9. Reduce the number of investment decisions. #以太坊连续两日领涨 #比特币巨鲸动向 $BTC $ETH