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"Buffett's Life's Way of Wealth": The story behind the legend of Buffett, the god of stocks

author:Chun is in China

When people think of Buffett, the first thing that comes to mind is that he is a stock god, and he is currently the only person in the world who has become the former richest man in the world by playing with stocks. He auctioned off the opportunity to have dinner together and won the competition.

In China, the big guys who have had dinner with him are Duan Yongping and Huang Zheng. The two of them have created amazing achievements in their respective industries through Buffy's characteristics, one has made BBK a myth, and the other is to create an e-commerce miracle, daring to compete with a treasure and a certain East for the world.

Zhang Lei is well-known in the domestic investment circle, creating a high-collar capital, successfully investing in jd.com, Blue Moon and many other brands, and have achieved profitability, so he is also known as "China's Buffett".

Buffett not only has extraordinary influence on business tycoons, but also has an influence on ordinary people that is far beyond imagination.

Whether he is in the investment industry or other industries, people have learned his investment philosophy and wanted to explore the secret of his career achievements.

In order to help more people learn better, the core principle of Buffett's investment career, zhang Liang, a well-known financial author, wrote the book "Buffett's Life's Wealth".

"Buffett's Life's Way of Wealth": The story behind the legend of Buffett, the god of stocks

The book details Buffett's experience of becoming a winner in the business world from birth to later, and also highlights his successful investment philosophy.

The author of this book, Zhang Liang, has long been engaged in the creation of biographical, inspirational, economic management books, and is particularly interested in contemporary Chinese and foreign entrepreneurs, and this book is the result of his long-term in-depth research and a large number of interviews.

To get to know Buffett, we also need to start with his little-known childhood.

Someone once said that to get to know a person, you need to start by getting to know his childhood. There are many famous people who have used countless examples to prove that the impact of childhood on a person is huge, and the most powerful words we hear are: happy people use childhood to heal a lifetime, and unfortunate people use a lifetime to heal childhood.

"Buffett's Life's Way of Wealth": The story behind the legend of Buffett, the god of stocks

For Buffett, his father, aunt, and grandfather had the greatest influence on him.

His father, Howard, worked in securities investment and later founded his own securities company, and Buffett grew up with a great interest in stocks.

One year, when his father asked his children what gifts they wanted, Buffett's sisters asked for plush toys, but he wanted a paper bag for the stock market machine. This stuff is meaningless to people who don't speculate in stocks, but Buffett is very interested, which makes Howard very surprised.

Compared with Howard's influence, Aunt Alice's influence on Buffett is more about knowledge inheritance and emotional communication. Alice is an economics teacher, and she loves Buffett and passes on her knowledge of economics to him.

Buffett's habit of reading was also developed from that time, he began to read a lot of stock books from the age of 8, and then began to read a lot of economics books.

He even applied some of the methods and ideas in the book. At the age of 10, through market research and analysis of Coca-Cola and Pepsi, he concluded that more people bought the latter, so he only sold Pepsi.

The influence that his grandfather brought to Buffett was the experience of life, which made him think about how to make money at a very young age. My grandfather opened a grocery store, the size of a two-story garage, and Buffett began a part-time job in the grocery store.

The grandmother did not take extra care of Buffett because he was a grandson, and like all employees, she did the same job, working the same hours and paying the same salary.

In the process, Buffett began to understand business thinking. Later, he went around the community to collect scrap newspapers and magazines, and then with the help of his aunt, went to the waste collection station to sell.

While thinking about how to make more money, Buffett learned from a book: Enriching your product line increases the total revenue. So Buffett began to recommend magazines to users while delivering newspapers. With this initiative, Buffett's income in middle school has surpassed that of his teachers.

"Buffett's Life's Way of Wealth": The story behind the legend of Buffett, the god of stocks

Imagine what we were doing when we were still in childhood. Probably thinking about play all day, right? After all, this is in line with the nature of children, and Buffett began to think about how to make more money at a very young age.

Adults are forced by the pressure of life to consider such a problem, the rise of the "side business just need" in the past two years, in fact, is essentially to enrich the product line, that is, to increase multi-channel income.

Buffett has this kind of thinking that is far beyond ordinary people, inseparable from his family environment, and we always hear a saying: the growth of genius needs soil. I have also heard that people are the product of the environment, and what kind of environment shapes what kind of people.

A genius like Buffett, like basketball superstar Kobe Bryant, clarified their areas of interest at a very young age, and since then, they have been constantly learning, practicing, and constantly surpassing themselves. This is probably long-termism!

For most people who are aware of hindsight, they always have to go through a period of confusion, find direction in confusion, and establish life goals in constant trial and error.

The significance of reading celebrity biographies may lie in either validating what has been thought in the past or enlightening one's thoughts. If you want to learn more about Buffett's story, this book is not to be missed.

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