The most touching thing in the whole film is what Buffett said when he donated money after his wife died. The wife said: I thought I would marry a philanthropist or someone of value to mankind, and then I married a man who only knew how to make money, but I know there is no better person than him. Under Jiuquan, she will probably feel very happy in this life.
The whole article talks about the old man's investment not much, but it is actually the truth:
1. Two rules to follow in investing - Rule 1: Never lose money Rule 2: Never forget rule 1
2. Pay attention to compound interest
Others:
1. Pay attention Your mind ("You can only get one car in your life, what would you do with it since it's your only car? You'll cherish that car very much. You have only one brain and one body, and they're to accompany you) Your whole life" The old man reads books for 5 or 6 hours a day)
2. Overcome your biggest weakness in speech and take the time to learn to make breakthroughs.
3. I don't have much desire for money, and I value the process of making money with my own wisdom. (The money spent is never more than 1% of the money earned, and the other 99% is given to others. He donates the money that is useless to him.)
4. Be sincere to everyone in life and every shareholder .
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Whoever you are in this life, you don't want to think you've wasted a lot of you energy and love and time on something else.
Throughout his life, the old man used the talent bestowed by God, made efforts that he disdained, and enjoyed it. There are a lot of clips describing his life. He can live with the people he likes, do what he likes, and have great partners. He is really happy. I hope that one day I can become such a great person and live the life I love.
Become a millionaire by the age of 35.
You have to be inexplicably optimistic about your future, haha that's it~
[HBO Collectible Documentary] Becoming Warren Buffett (720P Chinese and English subtitles)
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