![Chapter 66 [Market Resilience] Chapter 66 [Market Resilience]](/_next/image?url=%2Fimages%2Fblog%2Fjames-history-and-today%2Fen%2Fjames-history-and-today-0072-cover.png&w=3840&q=75)
The market's resilience exceeds everyone's imagination. Don’t underestimate the industry’s prospects and the endurance and adaptability of successful companies. The key to investment success is not to predict, but to insist on staying in the market forever. The lower the price, the safer it is! Deep decline creates a moat for the buying price. For good individual stocks and indexes, the deeper the stock price falls, the safer it is. A sharp decline provides investors with a margin of safety and is also the best time to buy. Investors should always be extremely optimistic. The deeper the decline, the safer it will be, the faster the rebound will be, and the greater the increase will be.


In the past investment, although it cannot be said that there were very brilliant results, it still roughly beat the market. It seemed like good performance, but it missed many key opportunities to get rich. Looking back on the past, rather than saying that the performance was good, I still feel that there is a lot of room for improvement. (So, investing in index funds does not have such a problem). In the past investment years, the first stock that made me rich was Starbucks, but I have not held Starbucks until now. If I had held 100% of my capital in Starbucks,


Watch "[00046] Investment and Financial Management Instructions (14) Buffett's Investment Wisdom (7) 05/15/2018 CLEC Club" [https://youtu.be/2_lZnp21yUE](https://youtu.be/2_lZnp21yUE?fbclid=IwZXh0bgNhZW0CMTAAYnJpZBExUnl

![Chapter 63 [Investment Concept] - The market is bullish, hold on tight! 】 Chapter 63 [Investment Concept] - The market is bullish, hold on tight! 】](/_next/image?url=%2Fimages%2Fblog%2Fjames-history-and-today%2Fen%2Fjames-history-and-today-0069-cover.png&w=3840&q=75)
It is very simple to become rich by investing. As long as you accept the correct investment concept and never sell, you will be rich. Being rich is that simple. Buffett once said: [Patience makes you rich] This is a very simple statement, but few people do it because not many people know how to invest correctly. But few actually understand it, and even fewer do it, and many senior CLEC students don't do much (it's not easy). No matter whether the market goes up or down, hold on to your shares. Lose your position on a bullish rally (have no position


Buffett's way of getting rich is simply investing in US index funds, which is still the easiest way to implement and achieve financial freedom smoothly. There are hundreds of ways to invest. Investing in US index funds is the easiest and most successful way that has been proven (although the process is not easy). There are different investment methods in the market. If the return can exceed the long-term return of U.S. index investment and has been proven successful for 20 to 30 years, of course it can. Invest in index and you will be rich in the long run. Such a simple investment method,

![Chapter 61 [There is no problem with long-term investment, the problem is the cognitive error of investment quality] Chapter 61 [There is no problem with long-term investment, the problem is the cognitive error of investment quality]](/_next/image?url=%2Fimages%2Fblog%2Fjames-history-and-today%2Fen%2Fjames-history-and-today-0067-cover.png&w=3840&q=75)
Many investors hear our long-term investment theory and think it is very correct. They make up their minds to be long-term investors. Whether they buy in batches or listen to our advice and go all-in in a single transaction, when the market rises, they all think how wise and smart they are. Think of the bulls in the market as your own ingenuity. However, if the market falls and you start to make small losses, you can still stick to long-term investment. But when the loss reaches 20%, you will start to get nervous, unable to eat or sleep, and when the market
