The Psychology of Getting Rich by Stock Trading: 28 Simple Rules That Warren Buffett Uses to Be Proud of the Stock Market

Name: The Psychology of Getting Rich by Stock Trading: 28 Simple Rules That Warren Buffett Uses to Be Proud of the Stock Market
Author: Tokugawa

炒股致富心理学：沃伦·巴菲特笑傲股市的28个简单法则

by Tokugawa (德川)

Status: Completed
Length: 91k Words
Audience: Male
Updated: 5y ago
Source: Fanqie

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37Reads

9.3Score

29Chapters

28Listens

7kReads · all time

Synopsis

Buffett's basic way of thinking is nothing more than two aspects. First, the purchase price paid determines the return on investment; second, the company's future earnings must be reasonably estimated. Buffett said: "Investing in a business is to buy its future." "You should invest in a business that even a fool can run, because one day, a fool may do it. So I like industries that can still make a lot of money without management at all. They are the kind of industries I like to work in."

Reader comments

The psychology of stock trading mentioned in this book is very interesting. It made me understand that stock trading must not be greedy, but must be patient and good at independent thinking. I like Buffett's theories in the book, such as focusing on return on assets per share, which gives me a deeper understanding of investment. However, I also know that stock trading is risky, so I have to be cautious and not follow blindly.
4 likes2y ago
I regret not reading this book earlier. I don't do gambling, just value investing.
3 likes4y ago

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