The so called seeking wealth and danger actually needs to go through three stages

Mondo Finance Updated on 2024-01-31

There is an old Chinese saying that "wealth and wealth are sought in danger", which literally means high risk brings high returns. But the reason why we were able to seek wealth was actually through three stages.

In the first stage, there is uncertainty about the benefits of embracing any opportunity.

This stage filters out people who are afraid of risk. For example, seeing that only a few people can become writers, they give up writing;Seeing that only a few people could make money doing business, he gave up trying to do business;Seeing that only a few people could pass a certain national exam, he gave up on taking the exam. In the first stage, those who do not accept uncertainty are the first to be filtered out of the competition.

The second stage is to seek certainty in the process of securing opportunities and reduce the risk of achieving goals.

For example, if you only have a 10% pass rate on a certain exam, then you have to work hard to have more certainty of being in the top 10%. For example, Warren Buffett, the stock god we are familiar with, has been in the secondary market that most people think is very risky for a long time, but he always insists on making choices within his own ability and not doing things that he can't understand, which is to strictly control risks in a high-risk environment.

In the third stage, those who do not give up halfway because of the existence of uncertainty and fully use their strength to occupy the certainty win the "wealth".

This process is like finding gold from ore, on the one hand, you have to accept that sometimes you can't find gold, and on the other hand, you have to have a pair of eyes to find gold. The truly strong not only have a high degree of acceptance of uncertainty, but also have a strong grasp of certainty. The ability to accept uncertainty is a prerequisite for maintaining a strong and stable mind, and it is also the key to improving mental strength.

The above are the three stages of seeking wealth and risk, which is probably the discernment, risk reduction, and perseverance. I hope it will help you on your way to wealth jump.

Related Pages