Chapter 51 [There is no truth in the world! 】
There is no truth in the world, let alone in the market. All disputes are caused by defending what one believes to be "truth." But, in fact, the truth does not exist at all. We only know the statistical "truth", but it is not the truth. Truth only exists in mathematics. Buffett said that he has made more mistakes than anyone can imagine, and so do we in the market. Most of any operations will turn out to be mistakes. Those who claim to be able to predict future market trends are overestimating their own overconfidence. The point is Buffy
Source document: 2023.07.27第五十一章【世界沒有真理！】.docx
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[James Origin and Today] Chapter 51 - There is no truth in the world! (07/27/2023)
There is no truth in the world, let alone in the market.
All disputes are caused by defending what one believes to be "truth." But, in fact, the truth does not exist at all. We only know the statistical "truth", but it is not the truth. Truth only exists in mathematics.
Buffett said that he has made more mistakes than anyone can imagine, and so do we in the market. Most of any operations will turn out to be mistakes. Those who claim to be able to predict future market trends are overestimating their own overconfidence.
The point is that Buffett never predicts the market, and in the end he is still the richest man in the investment world. So Buffett is definitely worth learning from, not what Buffett does, but Buffett's ideological logic (Buffett is not completely perfect, but it does not damage his achievements), but copying homework will not succeed, and those who criticize Buffett will appear even more ignorant.
It is better to believe in all the books than to have no books, and to believe in all the words is worse than to have no words. Any speech and knowledge without thinking may not be helpful, and sometimes it can be harmful. Therefore, no matter anything, anyone, any knowledge, or any information, it must be digested, understood and thought by yourself before it can be useful. If you don’t understand it yourself, you will encounter difficulties, setbacks or losses in the end. In the end, you can only learn through personal experience, which is a bit expensive. Being able to learn from history is wisdom, and learning from thinking is philosophy.
We must face everything and any relationship happily. If we are unhappy, we must face it and solve it. Keep unhappiness away, or stay away from unhappy people, things, and things. Happiness is the only goal in life. Use happy thoughts, do enough things to make you happy, and maintain relationships that can make you happy. It is worth it. And happiness is the ultimate goal, not becoming unhappy in the end. Just like gambling, it is just fake happiness at first. It was really painful to get in the end.
The head is the source of happiness. If the head thinks about happy things and happy thoughts, it will make you happy.
It doesn’t matter, it doesn’t matter, it’s okay! This is a happy attitude towards life.
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![[Investment Philosophy (6)] - Think independently when facing the market](/_next/image?url=%2Fimages%2Fblog%2Ffb-posts%2Fen%2Ffb-post-0014-cover.png&w=3840&q=75 "[Investment Philosophy (6)] - Think independently when facing the market")
[Investment Philosophy (6)] - Think independently when facing the market
[Investment Philosophy (6)] Think independently when facing the market. One of the keys to success for investors in the market is to think independently. Studying in class, reading books, and reading our investment columns are all part of learning. [Having] can be taught, learned, and researched, but [Having] is only part of investment success. Successful investors all have a "no" part, which is based on the "have" of correct investment knowledge and internalized into self-independent thinking.
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