parents, the only question that bothered my mind was - How on earth do these rich people

父母，唯一困擾我的問題是--這些富人到底是如何

make billions of dollars.

賺取數十億美元。

while the fed is raising the rates, the stock market is collapsing, the housing market is

在美聯儲提高利率的同時，股票市場正在崩潰，住房市場正在崩潰。

about to implode, but this (Bernard Arnault) made 32 billion dollars.

即將內爆，但這個（Bernard Arnault）賺了320億美元。

I mean, if i would make just 1/10th of that money, i would be the happiest person in the

我的意思是，如果我能夠賺到這些錢的1/10，我將是最幸福的人。

world.

世界。

even 1 percent of that money is 320 million dollars.

即使是這些錢的百分之一也是3.2億美元。

thats the kind of money that can buy you literally anything you want, not only you but your kids,

這筆錢可以買到你想要的任何東西，不僅是你，還有你的孩子。

your grand kids.

你的孫子們。

thats it!

這就是了!

congratulations!

祝賀你!

you are forever rich!

你是永遠的富翁!

no one in your next 3 or 4 generation at least be poor.

你的下三代或四代中至少沒有人是窮人。

So do i make that kind of money?

那麼，我是否能賺到這樣的錢？

I don't have rich parents.

我的父母並不富裕。

in fact, despite that I absolutely love my parents, they taught me nothing about money,

事實上，儘管我絕對愛我的父母，但他們沒有教我任何關於金錢的知識。

not because they didn't want to do that, but because they are financially illiterate,

不是因為他們不想這樣做，而是因為他們是財盲。

because if they have been, they would have taught me something or gave me a small loan

因為如果他們是，他們會教我一些東西或給我一個小貸款

of a million dollars and i wouldn't be a broke college student.

如果有一百萬美元，我就不會成為一個破產的大學生。

What i didn't understand is that, most people on this Forbes list have made so much money

我不明白的是，這個福布斯名單上的大多數人都賺了這麼多錢

from nothing.

從無到有。

Some time in the past, when they young teenagers or adults, they might have been as broke as

在過去的某個時候，當他們年輕的青少年或成年人時，他們可能會象現在這樣破產。

me.

我。

so the question that i have been wondering is - if these people with no money in their

是以，我一直想知道的問題是--如果這些沒有錢的人在其

pockets made so much money, why cant i make at least 1 percent of that money?

口袋賺了那麼多錢，為什麼我不能至少賺到這些錢的1%？

before jumping into anything, i first have to figure out what i need to do.

在進入任何事情之前，我首先要弄清楚我需要做什麼。

So, here are the rich people who don't share anything about their lives or business so

是以，這裡是那些不分享任何關於他們的生活或業務的富人，所以

i am going to completely ignore them because its a waste of time but here the rich people

我將完全不理會他們，因為這是浪費時間，但這裡的富人們

who took the time to share what made them so successful.

他們花時間分享了使他們如此成功的原因。

one of them is Warren Buffett.

其中之一是沃倫-巴菲特。

I am not a fan of being rich where i am so old that i cant enjoy that money, whats the

我不喜歡在我這麼老的時候還能享受這些錢，那是什麼？

point of that money if i cant use while I am a young, handsome and strong.

如果我不能在我年輕、英俊和強壯的時候使用這些錢，那就沒有意義了。

There is no point of making money if you are not going to use on yourself, your family,

如果你不打算用在自己和家人身上，那麼賺錢就沒有意義。

or a cause you believe in, doesn't matter, helping poor people, saving the planet or

或你相信的事業，無所謂，幫助窮人，拯救地球或

pay tuition for kids who cant afford it.

為付不起學費的孩子支付學費。

But if i can make a few million dollars while i am young following his advice, the rest,

但如果我能夠在年輕時按照他的建議賺到幾百萬美元，其他的就不用說了。

i will figure it out.

我會想辦法的。

so i bought a bunch of books about warren Buffett.

所以我買了一堆關於沃倫-巴菲特的書。

I went online i started reading his letters, watching his interviews, speeches and whatever

我上網開始讀他的信，看他的採訪，演講和其他東西。

i could find.

我可以找到。

i was surprised that becoming rich is often not repeating stupid, dumb mistakes.

我很驚訝，成為富人往往不是在重複愚蠢、笨拙的錯誤。

if you just avoid some fundamental mistakes in your life, you are going to be rich.

如果你在生活中避免一些基本的錯誤，你就會變得富有。

its sounds so simple that it feels like a scam.

這聽起來很簡單，感覺像是一個騙局。

I decided to give it a shot.

我決定給它一個機會。

surprise surprise, i did not become a billionaire.

驚喜吧，我沒有成為億萬富翁。

By avoiding these mistakes and focusing on my business, I actually built something that

通過避免這些錯誤並專注於我的業務，我實際上建立了一些

made me financially free.

使我在財務上獲得自由。

So it doesn't matter how you planning to get rich, it could be by building a business like

是以，你打算如何致富並不重要，可以通過建立一個像

in my case or building a sold career, the advice is the same.

在我的情況下，或建立一個銷售的職業生涯，建議是一樣的。

you should avoid these mistakes at all cost.

你應該不惜一切代價避免這些錯誤。

Number 1.

1號。

According to Warren Buffett, the single biggest mistake that most people make is is “not

根據沃倫-巴菲特的說法，大多數人犯的最大錯誤是 "不

learning the habit of saving properly.”

學習正確的儲蓄習慣。"

It sounds boring, and you have heard it a million times.

這聽起來很無聊，而且你已經聽過無數次了。

but everything comes down to this.

但一切都歸結於此。

it doesnt matter how much money you make, you going to stay poor unless you master this

不管你賺多少錢，除非你掌握了這一點，否則你將一直是窮人。

habit.

習慣。

i know people who make way more money than I do, and yet every time i talk to them, they

我認識一些人，他們賺的錢比我多得多，但每次我和他們交談時，他們

complain they cant afford this or that.

抱怨他們買不起這個或那個。

they are worried if they are going to get fired or the economy will fall into a recession.

他們擔心自己是否會被解僱或經濟會陷入衰退。

The only question that i have, what on earth did you do with all of that money that you

我唯一的問題是，你到底用那些錢做了什麼？

have made the last 5 years.

在過去的5年裡，我們已經取得了很大的進步。

You could achieve easily saved up that money and no matter what happens you would have

你可以很容易地攢下這筆錢，無論發生什麼，你都會有

been fine.

一直很好。

But no, you satisfied your urges and bought expensive crap that today holds no value.

但是沒有，你滿足了自己的衝動，買了今天毫無價值的昂貴垃圾。

Here is how people become rich, its very simple.

這就是人們如何致富，非常簡單。

you patiently save enough money that makes enough money that pays for your basic bills,

你耐心地存夠錢，賺夠錢，支付你的基本賬單。

you are financially free.

你在財務上是自由的。

now you can afford to do whatever you want to make a lot more money.

現在你有能力做你想做的事情，賺更多的錢。

you are not tied to anyone, you are not accountable to any boss, you are obligated to waste your

你不被任何人束縛，你不對任何老闆負責，你有義務浪費你的時間。

time doing anything that doesnt satisfy you or make you even more money.

浪費時間做任何不令你滿意或讓你賺更多錢的事情。

so from there you are going to make hundreds of millions if not billions of dollars.

是以，從那裡你將會賺取數億甚至數十億美元。

but thats not going to happen, unless you master the habit of saving money.

但這是不可能的，除非你掌握省錢的習慣。

the second mistake that most people make is trying to time the market.

大多數人犯的第二個錯誤是試圖為市場計時。

With all of this brain power, experience, wisdom, you name it.

有了這些腦力、經驗、智慧，你說什麼就是什麼。

He never tries to time the market and then you have these 20 year old kids who barely

他從來沒有嘗試過為市場計時，然後你有這些20歲的孩子，他們幾乎沒有

saved up a few thousand dollars are trying to make millions of dollars by timing the

攢了幾千美元的人正試圖通過把握時機賺取數百萬美元。

market and calling the people who actually made billions of dollars - fools.

市場，並稱那些真正賺取數十億美元的人為--傻瓜。

When there is a market rally they are laughing because everything is growing and then out

當市場出現反彈時，他們在笑，因為一切都在增長，然後就出來了。

of nowhere the market collapse and they lose everything, because they have bet everything

市場突然崩潰，他們失去了一切，因為他們把一切都賭上了。

they saved.

他們救了。

They avoided the first advice, save money, don't gamble that money, your job is to

他們迴避了第一個建議，省錢，不要賭那筆錢，你的工作是

build capital and not play with it trying to time the market.

建立資本，而不是玩弄它，試圖把握市場時機。

When I got into the stock market for the first time, I did this mistake multiple times.

當我第一次進入股票市場時，我多次犯了這個錯誤。

Although I did make some money, but I have also lost a lot of money.

雖然我確實賺了一些錢，但我也損失了很多錢。

I didn't even remember beak even.

我甚至都不記得鳥嘴了。

So the question is, what kind of stocks you have to buy.

所以問題是，你要買什麼樣的股票。

That takes us to the next point.

這就把我們帶到了下一個問題。

“If you aren't thinking about owning a stock for ten years, don't even think about

"如果你不考慮在十年內擁有一隻股票，甚至不要考慮

owning it for ten minutes.”

擁有它10分鐘。"

Nowadays people throw their life's savings on something just because everybody talks

現在人們把一生的積蓄都用在一些事情上，只是因為每個人都在談論。

about it.

關於它。

Just because it's trending, just because its cool.

只是因為它正在流行，只是因為它很酷。

Yo Man!

Yo Man!

You barely saved that money!

你幾乎沒有省下那筆錢!

How could you possibly throw it into something you barely know anything about!?

你怎麼可能把它扔到你幾乎不瞭解的東西里！？

Did you read its financial statements?

你讀過它的財務報表嗎？

Did you analyse its income statement?

你分析了它的收益表嗎？

Have you seen their latest cashflow?

你看到他們最新的現金流了嗎？

Do you have any idea how the company plans to grow in the next 5 or 10 years?

你是否知道公司計劃在未來5年或10年內如何發展？

You haven't done any of those things, but you still decided to bet your life's savings.

你沒有做過這些事情，但你還是決定賭上你一生的積蓄。

ftx is a great example, its crypto of course.

ftx是一個很好的例子，當然是它的加密貨幣。

But it had exposed us!

但它已經暴露了我們的身份!

We are willing to throw our money blindly into something we have no idea about it and

我們願意把錢盲目地投入到我們對它毫無瞭解的東西中，而且

then blame wall street for everything.

然後把一切都歸咎於華爾街。

Where were your due diligence.

你們的盡職調查到哪裡去了。

So, before you invest in anything.

是以，在你投資任何東西之前。

Are you confident enough to hold that investment for 10 years?

你有足夠的信心持有這項投資10年嗎？

be it a business, real estate, stock or crypto.

無論是企業、房地產、股票還是加密貨幣。

Trust me the answer is going to be NO in 9 out of 10 cases.

相信我，在10個案例中，有9個案例的答案是否定的。

You have no idea how much money you are going to save.

你不知道你將會節省多少錢。

the next one is simple and yet people fall for it every single time - avoid debt at all

下一個問題很簡單，但人們每次都會上當受騙--完全避免債務。

cost.

費用。

Its true that debt can be pretty helpful in some cases, but a lot of people don't have

在某些情況下，債務確實可以起到相當大的幫助作用，但很多人都沒有

the discipline to handle debt.

處理債務的紀律。

Leverage gives you all these options, but the number of people who actually go broke

槓桿給了你所有這些選擇，但真正破產的人的數量

because the reality didn't match with the their plans.

因為現實與他們的計劃不相符。

But because they have leveraged their positions, that single trade or that single deal destroyed

但由於他們利用了自己的頭寸，那筆單一的交易或那筆單一的交易破壞了

whatever was left off their wealth.

無論他們的財富剩下多少。

If you're smart, you're going to make a lot of money without borrowing.”

如果你很聰明，你會在不借錢的情況下賺很多錢。"

And I didn't even mentioned the credit card debts.

而我甚至沒有提到信用卡的欠款。

If you are borrowing money at 18 or 20 percent.

如果你是以18%或20%的價格借錢。

You are guaranteed to go broke.

你保證會破產。

you are not going to make it.

你是不會成功的。

So, if you have any kind of credit card debt, the first thing you should do is pay off that

是以，如果你有任何種類的信用卡債務，你應該做的第一件事就是償還這些債務。

debt.

債務。

And finally, Anything you invest in yourself, you get back tenfold.

最後，你在自己身上投資的任何東西，你都會得到十倍的回報。

I hear this all the time.

我經常聽到這種說法。

What stock should I buy?

我應該買什麼股票？

What properties should I buy?

我應該購買哪些房產？

Where should i invest my money?

我應該在哪裡投資我的錢？

let me ask you a genuine question - when was the last time you invested in yourself?

讓我問你一個真正的問題--你最後一次為自己投資是什麼時候？

i am not talking you buying one single book on financial education 3 years ago.

我不是在說你三年前買了一本關於金融教育的書。

If we take out school and college, how much money you actually put into developing yourself?

如果我們去掉學校和大學，你究竟投入了多少錢來發展自己？

Thats the problems with most people.

這就是大多數人的問題所在。

They are ready to throw money into the stock market without having any clue of whatever

他們準備把錢扔進股市，卻對什麼都不瞭解。

besides watching someone online telling them to do so and so, but they hesitate to go to

除了在網上看到有人告訴他們要這樣做、那樣做，但他們猶豫不決，不知道該不該去

a webinar to improve their social skills or accounting class to learn to read financial

在網絡研討會上提高他們的社交技能，或在會計課上學習如何閱讀財務數據。

statements.

聲明。

You are a project!

你是一個項目!

you are a project of your own.

你是一個自己的項目。

What you make out of yourself at the end of the journey is what matters the most.

在旅程結束時，你自己做出的東西才是最重要的。

So, don't ignore yourself.

所以，不要忽視自己。

Start by investing in yourself, in your skills, in your comfort, in your peace of mind.

從投資於自己開始，投資於你的技能，投資於你的舒適度，投資於你的心靈的平靜。