Source: Red and Green

What does it mean to be a teacher?

"Cultivating oneself with caution is enough to set an example for society."

Experiencing the trials of bull and bear markets.

Investment masters who have achieved outstanding performance.

Undoubtedly, these are the "teachers of humanity."

Whether in investment or in life.

Their suggestions are worth listening to.

Warren Buffett

Investment guru, Chairman of Berkshire.

1. Of course, you may hear everyone around you suggesting that you invest in yourself as soon as possible. This advice sounds good, but at most, it's just fair. Do you know how quickly the effects of such investments fade? So quickly that by the time you finish reading that advice, it's gone, leaving nothing behind, because you haven't changed at all.

How should one invest in oneself? In an era where the internet is so developed, you can learn anything you want, as long as you are willing to learn. Discover your passion and invest in yourself by increasing wisdom and acquiring knowledge; remember, learning never stops.

2. Regardless of the profession, effective expression and communication skills are critical. These abilities need to be practiced and developed on your own, even without attending classes.

3. The sooner you realize that time is your most valuable Asset, the sooner you can protect and make good use of it.

Listen up, now you should learn time management as much as possible!

4. What habit do you think you should rid yourself of right now? Looking back, for me, it is the Consumer habit. This habit is not only bad but very terrible, even appalling.

As a young person, I started spending money before I even earned any, borrowing after spending, and then spending even more. Of course, this led me to experience some bitter consequences.

So, get rid of your bad habits as early as possible. I'm sure you don't want to learn life's mandatory lessons in hard mode.

5. You don't need to become an expert in every field; it is very important to recognize your limits and fully leverage your strengths and advantages.

6. If you have relative financial freedom, you really should find a job that you love. Don't give up on doing it just because the salary is not high or it doesn't look impressive on your resume.

Charlie Munger

Buffett's Gold partner, Vice Director of Berkshire

7. Life will have terrifying blows, terrible setbacks, and unfair attacks. This is all fine. Some people can recover, and some cannot. I think the attitude of (Roman philosopher) Epictetus is the most desirable.

He believes that every missed opportunity in life represents a well-performing opportunity, and each missed chance is a learning opportunity. Our task is not to indulge in self-pity, but to utilize the terrible blows in a positive way.

That's a great idea.

8. What should you avoid? The answer is simple: laziness and unreliability.

If you are unreliable, it doesn't matter how much wealth you have; you'll soon run into trouble anyway.

Put your heart into your work sincerely; this should naturally become your guideline. You should not allow yourself to become lazy and unreliable.

9. Gaining wisdom is a moral responsibility. It's not just something you use to improve the quality of your life. This view implies an important conclusion that a person must learn throughout their life. Without lifelong learning, there will be no outstanding performance; based on personal knowledge, one can only tread water.

10. If you memorize knowledge just to get good grades on a test, that knowledge won't be very helpful to you. You must master a lot of knowledge, allowing it to form a framework in your mind, so that you can apply it automatically in the future.

Peter Lynch

A superstar in the investment world is known as the "Global Best Fund Manager."

11. The best approach is to start saving money and investing as early as possible. Ideally, this should begin while still living with your parents. Just think about it, when else will your consumer expenses be lower than at this time?

At this moment, you have no children to raise, and your parents are still supporting you. It would be even better if your parents don’t require you to pay rent. You can find a job, then save all your income to invest for the future.

12. The best scenario is that you save part of your salary directly for investment. The next best scenario is that you are living paycheck to paycheck. The worst-case scenario is accumulating debt by using credit cards; in this case, you are paying interest to others, often to credit card companies, which are profiting from your money instead of you making money with your own.

13. Young people have an advantage in investing in stocks compared to older individuals. Your parents or grandparents may be more familiar with stocks than you, perhaps as a result of many past failures. Of course, they also have more money to invest than you do, but you have the most valuable asset of all, which is time!

The value of time in investment compounding is clear; the earlier you start investing, the more significant the results. In fact, investing early, even with a small amount of money, is more valuable than investing a large amount later.

Benjamin Graham

The father of securities analysis and Buffett's teacher.

14. It is suggested that they (young people aspiring to engage in the stock market) study the historical records of the stock market and evaluate their own capabilities to determine whether they can identify an investment pathway to achieve their goals.

If they have already done so, regardless of what others do, think, or say, they should stay on their own path.

We never go with the flow, and I believe this is beneficial for the growth of young Analysts. If they have read 'The Intelligent Investor', I think this book is more useful than 'Security Analysis', and from the methods they think may be profitable, I recommend the approach of staying on their own path.

Howard Marks

The value investing master admired by Buffett, founder of Oak Tree Capital in the USA.

15. Compared to 'destiny is in your own hands', there is a better saying: good luck comes when the prepared meet opportunities.

If one is well prepared through study and practice, works hard, and showcases their talents, they can fully leverage various emerging opportunities.

This worldview aligns with my investment philosophy: once the existing portfolio encounters catalytic events, performance will manifest.

James Simons

The highest-earning mathematician in the world, a master of Algo investing.

16. One thing I often do is to try new things. I don't want to run with the majority, one reason being that I run too slowly.

If N people do the same thing at the same time in different places, I think I would be the last person to finish; I would absolutely not win this race.

However, if you think of a new question at the same time, or have a new approach that differs from others, perhaps that would give you an opportunity, so try to do some new things.

John Templeton

Father of Global Investment, the most successful Fund manager in history.

17. The peace of mind comes from being honest and upright—with living in one's own world rather than that of others, carefully listening to the voice from deep within, living calmly and freely, living without regrets.

The only way to avoid mistakes is not to invest, but this is the most serious mistake of all.

Therefore, forgive yourself for the mistakes made, and do not let yourself become disheartened.

The biggest difference between successful investors and unsuccessful investors is that the former acknowledge their mistakes and continuously learn from them.

There is a significant difference between sticking to one's beliefs and stubbornly resisting any change.

Sometimes, the future direction of our lives is not so obvious, but if we close our eyes, shut our hearts, and stop thinking actively, we will never be able to anticipate the future direction.

Roy Neuberger

USAMutual FundFather of the century stock trading winner.

20. You may fall in love with a person or a certain idea, but you should never fall in love with a particular stock.

Stocks are merely tools for making profits. I learned early on to maintain a skeptical attitude towards stocks and to handle them flexibly.

I also learned to take quick action to sell stocks, preferring to endure a smaller loss rather than being dragged down by an emotional attachment to something.

Editor/Somer