The poor are poor, the rich are rich

Chapter 105 2 Confidence, the magic wand that supports your investment success

Chapter 222 Confidence, the magic wand that supports your investment success

The success of those successful investors depends to a large extent on their confidence.They all have a confidence in their success that seems stubborn and irrational to many.But it is such enduring confidence that supports them to endure blows again and again, and keep going until they see the dawn of success!

It is important to have confidence, but it is even more important to use this quality in investing.Only by believing in your own vision can you embrace wealth.As a businessman, your task is to find a way to formulate a complete and reasonable business plan, to strengthen your views and plans, and let others do the rest, and just wait to make money yourself.Baruch is a person who has achieved success because of his firm belief in himself.

The 24-year-old Baruch, from an ordinary background, relied on his accurate judgment and perseverance, borrowed 5 US dollars to roll out a net worth of 10 million yuan in [-] years, and forged Israel's No. [-] financial software The great cause of the enterprise.At that time, the computer industry was in vogue. With the entry of a large number of foreign brand computers, various software developed by large foreign companies began to drive in. The computer industry was once again faced with the temptation of opportunities. Beyond the country, instead of struggling to develop national software, it is better to directly sell and promote foreign hardware and software, so that the risk is small and the money is quick.

Baruch is still devoting himself to the development and sales of national financial software, and doesn't seem to care about the competition from foreign counterparts.In his view, software applications are inseparable from the localization support of technology and services.Many foreign companies can adjust the software to the market, but its master version is foreign, and it is impossible to fully meet the requirements of domestic enterprises.The advantage of the national software industry lies here. Not only has the localized support network for applications and services been fully realized, but also the current situation of Israeli companies has been fully considered from the very beginning of software design.

It is precisely because of this advantage that in 2000, Baruch defeated famous foreign companies and won the financial software cooperation project of Dayang Company with a value of US$1000 million in software services alone at a very high price. Get a high score once.

Like Baruch, we should think carefully before we determine our plan, and believe in ourselves after the plan is implemented.The same is true for investment. Only by believing in your own vision can you avoid the loss of wealth caused by hesitation.

Investing is not a complicated job. The reason why it is considered so profound and complicated that you must rely on experts is because investors do not know how to deal with the uncertain investment world, complicate simple problems by mistake, and cannot make decisions calmly by themselves. Always want to hear other people's opinions.

Because they don't know how to face the unknown and uncertain investment environment, and mistakenly believe that they must have the ability to predict the future, or have advanced analysis and judgment ability to make a good investment, many people habitually entrust investment decisions to experts.

However, as Peter?Lynch said: "5 professional investors may all be wrong." If a professional investor really knows when it will start to rise, or which stocks must be bought, he would already have enough money You don't have to make a living as an analyst or an expert.

Therefore, it is very dangerous to rely on the opinions of experts to dominate your investment decisions, and you still have to rely on yourself in the end.

In fact, amateur investors have many inherent advantages. If they are fully utilized, their investment performance will not be inferior to that of investment experts. Just like Peter?Lynch said: "Use 3% of your intelligence and you will be better than experts."

In terms of investment, as long as you do a good job of market research and firmly believe in your own decisions, you can become your own investment expert.

(End of this chapter)