Cognitive Awakening! It is suggested that every fan should read these 6 books as early as possible!

Over the years, I have read many books, but there are actually not many good ones that can truly impact my understanding and give me a sense of "kneeling."

Today I sorted out the 6 books that have helped me the most in enhancing my understanding to share with you. Each one is a book that I have read more than once and firmly believe I will continue to read repeatedly in the future.

Value
"What you choose is not the only important thing; what you do not choose is equally important."

This book introduced me to the concept of "long-termism," and it also made me realize that long-termism is not only an investment approach but also a value system, a great perspective for viewing the world.

After learning to think about problems from the perspective of "long-termism," I have become more rational and resolute, able to make decisions that are more beneficial for long-term happiness when faced with choices, and I have let go of many previously tangled and indecisive matters.

Principles

"The very valuable guidance and advice that Ray Dalio once provided me can all be found in his book 'Principles.'" — Bill Gates

I have read this book three times, not because the content is difficult to understand, but because every time I accumulate different life experiences and reread it, it always brings me different thoughts and insights. The different principles the author shares for handling various problems have been very helpful to me.

The Naval Almanac

"There are three major decisions in early life: where to live, who to be with, and what profession to pursue."

Throughout our lives, we explore two themes: how to acquire wealth and happiness? This book also revolves around these two themes, and many of the suggestions regarding the acquisition of wealth and happiness have inspired me greatly, enhancing my understanding and awareness of these two life topics.

Poor Charlie's Almanack

"If I knew where I would die, then I would never go to that place."

This book taught me to use "reverse thinking" to approach problems. If you want to achieve happiness, you need to understand how to attain pain, and then go against that. Many difficult problems can often be better solved through reverse thinking.

The words spoken by this 99-year-old elder always allow me to feel his profound wisdom, giving me a sense of kneeling again and again.

Long-termism
Like a good medicine, it cures the "short-sightedness" in investing. It profoundly reveals that true value creation requires time to brew. Taking Tesla as an example, in its early days, it faced many challenges such as technological bottlenecks and market skepticism, but long-term investors who chose to believe in the future of electric vehicles, alongside Tesla's growth, reaped enormous rewards. This book helps us understand that investing is a marathon, not a sprint; only by staying the course can one share in the dividends of a company's growth.

The Essence of Poverty
From the perspectives of economics and sociology, it provides a unique dimension of thought for investment decisions. The book's analysis of issues such as information asymmetry and resource scarcity among impoverished groups warns us that in investment, information is wealth. Whether it is deeply researching the fundamentals of companies in stock investment or selecting quality managers in fund investment, it is essential to emphasize the collection and analysis of information. At the same time, the book's discussion of risk and uncertainty reminds us to do a good job in asset allocation, diversify risks, and make investment decisions more scientific and rational.

Let’s encourage each other!