Speaking of Buffett, he is indeed impressive.
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First of all, this guy is very clear-headed and knows that he is not some sort of god who can predict everything. So he only invests in things he understands. Those nebulous, high-sounding investment projects, he avoids completely. I think this is worth learning because many people get envious as soon as they see a new project or concept, wanting to jump in immediately, but often end up being taken advantage of.
Buffett also has a good habit of not predicting the market and prices. He knows that the market can change at any time, and no one can accurately predict it. So instead of wasting energy on that, he focuses on refining his investment logic and strategies, waiting for the market to bring him money.
Buffett places great importance on cash flow, which I think is particularly wise. Because he also has insurance companies under his control, in case he faces a year of major disasters, the payout pressure can be enormous. Therefore, he needs to keep a substantial cash flow for emergencies. Everyone thinks he is always watching the market, ready to buy the dip, but in reality, he knows precisely when to act and when to hold onto his wallet.
Buffett's emotional management is also top-notch. He knows that if his emotions are swayed by the market, he is likely to make erroneous judgments. So he basically does not watch the market, not allowing those fluctuating numbers to affect his mood and decisions. I think we should learn from this as well, and not let the market's short-term fluctuations lead us around by the nose. If anyone has thoughts or needs to communicate, feel free to join the group for discussion. #巴菲特 #币圈暴富
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