This advice is profound and indeed summarizes many core principles of investing. Here are a few key points worth noting:
1. Opportunity requires patience: Successful investing often takes time. Patience can help you seize truly worthwhile investment opportunities.
2. Seize your own opportunities: Everyone's investment strategies and risk tolerance are different; the key is to find opportunities that suit you.
3. Avoid blind following: Don't blindly follow others just because you see them making money; have your own judgment standards.
4. Focus on strategy and fund management: The right investment strategy and capital allocation are more important than predicting short-term prices.
5. Long-term perspective: Short-term predictions are difficult to succeed, and successful investments often come from long-term strategies and a stable mindset.
6. Mindset management: Maintain a good mindset and avoid rushing to find remedies due to losses.
7. Market unpredictability: The market is always full of uncertainties; the focus is to minimize risks and capture stable opportunities.
8. Avoid directional errors: Choosing the right big direction is crucial; try not to make completely wrong decisions.
9. Avoid impatience: Don't rush to make decisions, especially during market fluctuations; analyze calmly.
10. Pay attention to high-probability events: In investing, be aware of low-probability events that may bring significant risks, and manage risks well.