Several thoughts on wealth:

1/ Respect Wealth:

It is more difficult to preserve wealth than to earn it. You must first respect it; you can use wealth to experience life, but do not spend it recklessly.

Remember, wealth is not endless. Everyone has their peaks and valleys, and wealth needs to be treated like a friend. During the low periods, it will help you.

2/ Cash is King!

In the long run, the key to successful investing is not just choosing the right sector, but how much wealth you have left to buy the dip when the market is in turmoil.

Most people's failures stem from being fully invested in a bull market and having no ammunition in a bear market, leading to missed opportunities and regret.

3/ Key Points for Wealth Accumulation:

Patience, cash, courage, and planned preparation for the worst-case scenario.

Other factors such as cognition, skills, and strategies are details and footnotes.

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