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Longbridge - 哆啦A梦の彼女
哆啦A梦の彼女

The $81.5 billion cognitive blind spot: Why is Buffett's real ace in the hole not 'investment skills' at all?

After reading Chapter 4 of "The Psychology of Money" - Thoughts on staring at the stock ticker every day, studying macro cycles, and searching for the next ten-bagger... We always think the core of making big money is pursuing the highest investment return rate. But in Chapter 4 of "The Psychology of Money," the author uses brutal mathematical logic to wake us up: the human brain simply cannot comprehend the utterly absurd power of compound interest. We only need to see through the following three counterintuitive truths to completely reshape your investment perspective: 1. The Ice Age Principle: Creating miracles doesn't require earth-shattering power. Scientists once thought that extreme volcanic eruptions or massive geological changes caused the Ice Age...

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