Remember Buffett's 10 truths, every word is true
1. Never touch any domestic financial products.
2. Never go all-in.
3. The investment logic of US stocks is very simple, with two cores: 1). Belief in human civilization, 2). There is always a steady stream of money to increase positions when the market plummets and withdraw cash when it soars.
4. Therefore, it is crucial to work hard to increase the principal.
5. Only by understanding the investment logic can you control your emotions, your instinct to buy high and sell low, and your hands that want to operate randomly.
6. It is important to see clearly the purpose of your investment: retirement.
7. Only by knowing your investment purpose and practicing it all the time can you effectively manage your desires.
8. Understanding investment psychology and human nature is a compulsory course.
9. Only those who do not desert and can withstand the darkness can see the light.
10. Never be arrogant, never be greedy, never invest with other people's money, never leverage, and never borrow money for investment.
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