The best investor I most admire

Acquire wordly wisdom and adjust your behavior accordingly. If your new behavior gives you a little temporary unpopularity with your peer group..then to hell with them.

Here comes from the wisdom business investor, Charlie Monger, who is the best friend of Warren Buffett. Warren Buffett said he is a very important person in his life, if he doesn't exist, he will not become a millionaire. Based o many investors' experience, they would like to operate the long-short funds and primary focus on the average statistical distribution percentage instead of the minorities. Therefore the rich person is very few, their thinking has diversity and variety ways.

    We must know the big ideas in the big disciplines and use them routinely. Most of the people are trained in one model, using only one tool. To the man with a hammer, the world looks like a nail. The rule of thumb handling problem is to understand the disciplines from a wide range of subjects, such as philosophy, science, physics, investing, and so on. It will help to correct conclusions by viewing the problem from multiple vantage points.