You can never make more money than you know, is it true?

This statement is true.

Because every penny you earn is a realization of your knowledge of the world;

Every penny you lose is because of a flaw in your understanding of the world.

The greatest fairness in this world lies in:

When a person's wealth is greater than their own cognition, this society has many ways to harvest you until your cognition and wealth match.

We will never make more money than you know, unless you rely on luck, but the money earned by luck will often lose him by strength in the end, which is an inevitability. Every penny you earn is the realization of your cognition of the world, and every penny you lose is because your cognition of the world is defective, so the greatest fairness of this world is that when a person's wealth is greater than his own cognition, this society will have a hundred ways to harvest you until your cognition and wealth match.

It's hard to invest to make that share of the money you don't believe in. To put it mildly, if you don't have full confidence in a company, you can only make a little money that is directly related to the financial data, and it is impossible to make money for a long time. To put it mildly, if you are pessimistic about the future of the country from the bottom of your heart, then it will be difficult to make a lot of money by making a few waves of smart money at most.

But this statement is extremely "cautionary" in the investment field.

It is very suitable for Xiaobai, **, and leek zero to ponder and think about it repeatedly, and even remember.

In the process of investing, the result of one time has a "chance", which becomes what you can say luck.

But the long-term results are closely related to "cognition".

Is Warren Buffett's success a long-term annualized rate of return of more than 20% by luck?

Apparently not. When liquor was at its peak in January this year, a large number of small white investors braved a huge bubble to rush into ......

What is the reason for the high position?

Obviously, it is a lack of cognition, not knowing the basic laws of investment, and blindly following the herd to chase up!

The so-called cognition. To put it simply, it is to know, to be clear, to be clear.

To put it more deeply, it is to see through the essence of a thing and see the law behind the appearance.

The essence of value investing is "don't make investments that you can't understand".

That is, to give up the target ...... that you can't understand

Then, give up the target ...... that you understand and have a low winning rate

Give up the target ...... that you understand, have a high winning rate, but the odds are not high

Finally, choose a very small number of high-quality investment targets with "high winning rate and high odds".

Through continuous learning, improve awareness, optimize the winning rate and odds of your investment in the long term, and then get a huge return on investment in the long term.

Hope you find the above helpful! Thank you!

Money outside of cognition is really hard to earn. There is some truth to this. Since we have earned this part of the money, it means that we are involved, since we have participated, it means that we are involved, since we have participated, we will understand a certain industry, and we will have our own cognition, whether it is active cognition or passive cognition.

If you want to make money in a certain industry, you always have to know about a certain industry. If you don't understand it, you will definitely lose money. Just like we go, at least have a basic understanding of **.

You'll never make more money than you know, I think that's true. Because making money requires us to work hard and pay our own cognition, money is not so easy to earn, there is no free lunch in the world, so we must rely on our own ability to make money.

It's true. Because you are not familiar with the cognition of a certain aspect, it is impossible to be interested in this aspect, and it is difficult to make money in this aspect if you don't know a little about it.

This statement is illogical, although the current social development is fast, but the pressure of competition is also very great, and the inability to make money may be because of abiding by the rules, and those who think that it is easy to make money are unscrupulous and unprincipled. For example, some online live broadcasters, just to win attention but the live broadcast content is unsightly, so they feel that people who want face are waste, and they are geniuses who adapt to the times. Everyone has different experiences and opportunities, from the current society, although there are accidents, but many decisive factors are inevitable, so you can't judge success or failure at a moment, nor can you be extreme to characterize a person!

You'll never make more money than you know", that's true. Because a person's non-cognitive work is like a rolling pin blowing fire, you don't know anything, you can't participate in it at all, so you can't earn this kind of money anyway, for example, if you don't know anything about making airplanes, you definitely can't enter this industry, and you can't earn money for this kind of work, the reason is so simple.

I think this is true. Because you don't have the idea of money outside of your knowledge, and you don't have the ability to earn it.

Your pattern determines your height, and what is outside of your perception is the height you have not reached.

You can never earn, you know the money outside of your cognition, this sentence is of course true, people's life is always in the process of learning, if you don't know this field, you haven't studied, of course you can't earn at all, you don't know the Tian This sentence is very reasonable, anyone knows it, this truth.

Thank you. This sentence is true, how can you make money other than you know, you can only make more money if you work hard to broaden your horizons, everything else is fake, if it helps you, like.

Personally, I think it's true, because only by continuous learning will you not miss the opportunity to make money, if you are lonely, even if there are more opportunities, you will miss it perfectly, and the money outside the cognition is really no way to earn, and it is impossible to earn, only continuous learning, it is possible to earn!

So it's true that you can never make money outside of what you know! Hope it helps, hope, thank you!

You can never make more money than you know, I think that's true, unless you rely on luck. But the money earned by luck often loses by strength in the end, which is an inevitability. Every penny you earn is the realization of your knowledge of the world; Every penny you lose is because of a flaw in your perception of the world.

The greatest fairness in this world lies in the fact that when a person's wealth is greater than his own cognition, this society has 100 ways to harvest you until your cognition and wealth match.

This sentence means:

You can never make more money than you know, except by luck; However, the money earned by luck often loses by strength in the end, which is an inevitable trend. Every penny you earn is the realization of your knowledge of the world; Every penny you lose is caused by a flawed understanding of the world.

Individual differences in making money.

People all live in the same world, but the world that everyone perceives is different, because everyone's cognitive level is different, and different cognitive levels will lead to different final decisions.

For example, the same investment, different people will invest in different directions, investment is a manifestation of decision-making, behind the difference in decision-making is the level of cognition, which is why people can't make money "outside of cognition".

Cognitive ability is very important for everyone's future development, and only by having a clear goal and improving cognitive ability can we develop better and faster. The more people who know about themselves, the more they will find their problems, and the more they lack of self, the less clear they are about their strengths and weaknesses. A person's perception is mostly based on their environment and experience.

People can never make money beyond their cognition, which means that they can never earn more money than they know. This sentence is to say that people always think that the money they can make is the best to earn, but this sentence is actually wrong.

People always think that the money they can make is the best to make, but people don't know that they can't make much money within their means, and few people make money outside their means. As a result, people can never make money beyond their knowledge.

Yixing Hu Shisi is that a person can never earn money that does not belong to him, just like you are an ordinary worker, you can't make money in the stock stall scatter, because it is not the knowledge in the scope of cognition, you don't know anything about it, so you can't make money in this area, the money here belongs to professionals, and you are an amateur, so you can't make money outside the scope of cognition.

Summary. There will be no pie in the sky, and the money people make is exchanged for their hard work and knowledge. For example, doing business requires knowledge, courage, and planning, and how to go every step must be planned by yourself, if you don't understand anything, relying on luck, then the business is doomed to fail.

We're in a field that we don't understand at all, and then we won't be able to make this money beyond our means.

There will be no pie in the sky, and the money people make is exchanged for their hard work and knowledge. For example, doing business requires knowledge, courage, and planning, and how to go every step must be planned by yourself, if you don't understand anything, relying on luck, then the business is doomed to fail. The field we were involved in before the old sedan chair was completely unknown to us, so we wouldn't be able to earn this money beyond the scope of our ability to serve Qingli.

Thank you. You're welcome, I hope it helps you <>

This is not so much true as it is a good way to comfort yourself after you have missed an opportunity.

The wealth of most ordinary families is closely related to when to buy a house and where to buy a house, and this is not closely related to personal cognition, but more depends on when you fall in love and get married, whether your mother-in-law is forced to be tight, whether you have been fooled by an intermediary, and where you happen to find a job. If it is said that people who buy houses early have outstanding predictions about China's real estate market, I don't believe it.

Of course, this sentence is still true in many ways. For example, if you invest (including), you may rely on luck to make a few good deals, but if you continue to invest for a long time, the final comprehensive income is closely related to personal knowledge and market awareness.

Another example is work, where the labor benefits obtained by individuals are closely related to cognition. But it is not only determined by their cognition, but also by factors such as the individual's level of effort, communication skills, and appearance, which will have an impact on salary income.

Also, in a rapidly changing society, never underestimate the impact of luck on an individual. For example, if you also enter a start-up as a clerk, enter the newly established Ali and Tencent, and enter a company that has long disappeared, the personal experience is obviously very different. I can't say that I joined the right company because I had extraordinary knowledge.

In short, making money is related to personal cognition, but it is not absolute. Cognition is a relatively controllable thing, and we can improve our ability to make money through learning, but I disagree with exaggerating the impact of "personal cognition" too much.

Clear concepts lead to clear actions, confusing concepts lead to wrong actions or inaction, and it is very important to sort out some important everyday concepts.

For example, we often see people on the Internet pretending to be profound: you will never make money beyond your knowledge! What does this mean? It seems that everyone who sees it understands, but how does understanding this sentence of repentance help you? Hmmm, think about it?

You can never make money outside of what you know, so does it mean that you can make money that you know about? Doesn't it seem like you can't make money too? Wouldn't that be – you'll never be able to make money outside of your knowledge, and you won't be able to make money outside of your knowledge.

At this time, you will find that some cognitions are false, some cognitions are true, and true cognition will lead to action (that is, the unity of knowledge and action), and it is possible to make money.

Earning money is left to those who are prepared.

When you see a trend and rush into it, the probability of winning is very small, and you may even be forced out of the game, because it is very difficult for you to do it, and those who have been in that field for a long time have been in it. The person who has been doing it for a long time is preparing intentionally or unintentionally, and when the opportunity comes, it belongs to him, not those who are in a hurry to be attracted to it. What would it be like to put this thinking on the **of**?

The sudden outbreak of ** does not belong to me, any chasing up and down is meaningless, what is earned is only temporary money, and in the face of temporary profits, long-term thinkers will not be out. What kind of ** belongs to me - I studied in advance and prepared quietly, in the appropriate (high or low) position, laid out in advance, once such an opportunity enters the market, it can not be easily left the market, and there must be a profit target planned in advance.

After figuring out this kind of thinking, then we only need to do two things in our daily trading, either in the preparation of the transaction, or in the preparation of the next one.