Read the "Poor Charlie Collection"

I bought this "Poor Charlie Collection" in the bookstore. I took a moment to browse through it and then started to look at it. Looking at it roughly, Charlie Munger's way of thinking is different from others. It is entirely algebraic thinking, which is reverse thinking. When I was studying algebra, I thought about this as a reverse thinking mode. In fact, when we were studying, we did not simply accept this fact, but we should think about the reasons why the ancestors invented this method. For example, when Charlie tells others how to make life happy, he will first tell you how to make life painful. So the same is true in the stock market, not to tell you how to make money, but to tell you how to guarantee not to lose money. Reverse thinking is the minority thinking, which is independent thinking. But people with the ability to reverse thinking are smarter and conceited, so Charlie believes that an objective spirit is needed.

The objective spirit is actually very difficult to do. We are always tolerant of the people we like and the harshness of the people we hate. This is human nature. Found it, reverse thinking and objective spirit are against the average person. So he can earn money from ordinary people. If everyone can make money in the stock market, where does the money come from? So, you must buy stocks when you fall, this is a painful psychological experience, isn't it? If you have reverse thinking and Objective spirit, then, you can see what others can't see and predict the future that others can't predict.

The person who truly does this is a rational person. Everyone has a devil in his heart, and people around him are afraid that he will make inexplicable things. Like me, I can't trust my parents because they often get angry and quarrel when they are young. Therefore, I will also have emotional instability, but how to achieve rational peace through cultivation, let others feel that you are safe, reliable, and not nervous, this is the homework I have to do in my life.

The smartest person in the world, what are you doing while you are relaxing? Reading a book. So I am thinking, you must not waste time doing nothing, as long as there is free time, you should use it for a lot of reading. Good books make people wise. When I was young, I couldn’t afford books, and I was able to stand in the bookstore for a day. Now there are books everywhere, but instead of reading books, there are too many temptations. When you are empty, you can only feel your sense of existence if you only read it. Otherwise, it will be a sense of emptiness.

Charlie’s values ​​are: living to the old age, being curious about knowledge, calming and calming, not swearing and hatred, saying what is necessary, learning from others’ mistakes, perseverance, perseverance, possession Objective attitude, willing to verify their beliefs.

We must believe that great men are those who can stand the test of time and years!