For 60 years, Buffett has been preaching a simple investment philosophy: you buy a good stock, don't sell it lightly, and then wait for the price to rise.
But on this issue, I actually believe more in the words of Warren Buffett’s partner Charlie Munger, “Investing is not easy at all, and anyone who thinks investing is easy is an idiot.”
So this also leads us to today's theme:
Everyone knows that you can make money by holding stocks for a long time, but why can't you hold the stocks in your hand?
Stocks are now nearly 400 years old. The earliest stock market arose in 1602 when the Dutch and British established overseas trading companies. These companies are established by raising share capital and have obvious characteristics of joint-stock companies; they have legal person status; a board of directors is established; the general meeting of shareholders is the company's highest authority; dividends are distributed according to shares; and a limited liability system is implemented. The successful operation and rapid development of the joint-stock company made more enterprises follow suit.