power investment theory

In our traditional thinking, there is a strong "teleological" influence. We are always accustomed to starting from the purpose when considering things. Everyone and everything must not give up until the purpose is achieved. No matter what the process is, as long as the purpose is not achieved, it is fail.

The horror of this kind of teleological thinking is that it induces people to do whatever they can for the purpose, disregard the principle, take risks and act blindly for the purpose, and make people make serious mistakes that they would not make when they are rational.

Focusing only on the purpose makes people focus on the imaginary future, hoping to find a shortcut to achieve it quickly, without really thinking about the specific method and process to achieve the purpose, which makes most people become pure dreamers , can only daydream but can not really succeed.

Under the way of teleological thinking, the investment thinking of ordinary people is also affected. Few people think about how to "do the right thing" step by step, but always think about how to "reach the goal" quickly, and eventually fall into In the fantasy of wealth, there are countless failures.

A person who always thinks about the purpose, staring at the best result of doing this thing, when encountering setbacks and difficulties, he immediately thinks of the gap between reality and purpose, and starts to complain and complain, not knowing how to change it through actions , and such emotions often make the situation worse.

People who insist on doing the right thing, in addition to being clear about the purpose of the thing, know more about how to judge the current situation, and constantly analyze the new situation at any time, and then make the best decision to act according to the current situation.

The former type of people covets results and dreams of success. The purpose is just their fantasy. There is no practical and practical plan and action. fail.

The latter kind of people don’t just think about the outcome, nor do they dream of a happy ending. They always focus on how to make the most correct and most beneficial decision based on the current situation. A good situation will make us better. Good and bad situations reduce our losses and act quickly.

The former type of person is a blind and perceptual fantasist, who is often helpless in the face of various real problems, loses his sense and makes many wrong actions. When he encounters investment losses, he attributes all the reasons to others. Never willing to admit mistakes in methods and thinking in the process of achieving goals.

The latter type of people are objective and rational realists. They are relatively low-key and do not shout their goals, but they can do everything right in the investment process and solve every problem practically, no matter what kind of investment they encounter. Problems can be dealt with and dealt with calmly, and the wealth finally obtained by investing has become the result of doing the right thing rather than the purpose.

The purpose of acquiring wealth is not important at all in our investment process. Wealth is only the result of doing the right thing. The investment process must be relaxed and happy. A truly rational investor is able to handle any investment problems. Someone who takes the best decisions.

A successful investor is one who forgets the purpose of investing and one who insists on doing the right thing. When we insist on doing the right things, wealth will naturally follow, but when we think too much about wealth, we often do wrong things, and wealth is getting farther and farther away from us.